Resonant Capital Advisors LLC Sells 225,039 Shares of iShares 0-3 Month Treasury Bond ETF $SGOV

Resonant Capital Advisors LLC cut its position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 44.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 281,061 shares of the company’s stock after selling 225,039 shares during the quarter. iShares 0-3 Month Treasury Bond ETF accounts for 1.5% of Resonant Capital Advisors LLC’s portfolio, making the stock its 14th biggest holding. Resonant Capital Advisors LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $28,292,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SGOV. Brighton Jones LLC acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the 4th quarter worth approximately $4,810,000. Bison Wealth LLC increased its position in shares of iShares 0-3 Month Treasury Bond ETF by 161.2% during the fourth quarter. Bison Wealth LLC now owns 28,209 shares of the company’s stock valued at $2,830,000 after purchasing an additional 17,409 shares during the period. AQR Capital Management LLC acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF in the first quarter valued at $207,000. Goldman Sachs Group Inc. acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF in the first quarter valued at $810,000. Finally, Schnieders Capital Management LLC. bought a new position in iShares 0-3 Month Treasury Bond ETF in the second quarter worth $1,906,000.

iShares 0-3 Month Treasury Bond ETF Stock Up 0.0%

SGOV stock traded up $0.02 during midday trading on Tuesday, hitting $100.46. The stock had a trading volume of 8,504,497 shares, compared to its average volume of 19,186,232. iShares 0-3 Month Treasury Bond ETF has a 52 week low of $100.27 and a 52 week high of $100.74. The stock has a 50-day simple moving average of $100.55 and a 200 day simple moving average of $100.52.

About iShares 0-3 Month Treasury Bond ETF

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.