Potomac Fund Management Inc. ADV Trims Stock Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Potomac Fund Management Inc. ADV trimmed its position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 90.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 855,521 shares of the company’s stock after selling 8,498,548 shares during the period. iShares 0-3 Month Treasury Bond ETF makes up approximately 3.2% of Potomac Fund Management Inc. ADV’s holdings, making the stock its 3rd biggest holding. Potomac Fund Management Inc. ADV owned approximately 0.12% of iShares 0-3 Month Treasury Bond ETF worth $85,877,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SGOV. Caliber Wealth Management LLC KS increased its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 67.5% in the 4th quarter. Caliber Wealth Management LLC KS now owns 60,927 shares of the company’s stock worth $6,116,000 after buying an additional 24,545 shares during the last quarter. Crescent Grove Advisors LLC grew its position in iShares 0-3 Month Treasury Bond ETF by 49.8% in the fourth quarter. Crescent Grove Advisors LLC now owns 205,156 shares of the company’s stock worth $20,594,000 after acquiring an additional 68,167 shares in the last quarter. Sensenig Capital Advisors Inc purchased a new position in iShares 0-3 Month Treasury Bond ETF in the fourth quarter worth about $4,462,000. Fiscal Wisdom Wealth Management LLC increased its stake in iShares 0-3 Month Treasury Bond ETF by 127.2% during the fourth quarter. Fiscal Wisdom Wealth Management LLC now owns 9,805 shares of the company’s stock worth $984,000 after acquiring an additional 5,489 shares during the last quarter. Finally, Armstrong Advisory Group Inc. raised its position in iShares 0-3 Month Treasury Bond ETF by 29.7% during the fourth quarter. Armstrong Advisory Group Inc. now owns 53,896 shares of the company’s stock valued at $5,410,000 after purchasing an additional 12,334 shares during the period.

iShares 0-3 Month Treasury Bond ETF Price Performance

NYSEARCA:SGOV opened at $100.51 on Monday. iShares 0-3 Month Treasury Bond ETF has a 1 year low of $100.27 and a 1 year high of $100.74. The business has a 50 day simple moving average of $100.53 and a 200-day simple moving average of $100.51.

iShares 0-3 Month Treasury Bond ETF Profile

The iShares 0-3 Month Treasury Bond ETF (SGOV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasurys maturing in less than or equal to three months. SGOV was launched on May 26, 2020 and is managed by BlackRock.