Fortis Capital Management LLC Invests $6.60 Million in iShares 0-3 Month Treasury Bond ETF $SGOV

Fortis Capital Management LLC bought a new position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 65,590 shares of the company’s stock, valued at approximately $6,602,000.

A number of other institutional investors have also modified their holdings of the business. Wealth Watch Advisors INC acquired a new stake in iShares 0-3 Month Treasury Bond ETF during the 4th quarter worth $25,000. Coston McIsaac & Partners purchased a new position in iShares 0-3 Month Treasury Bond ETF during the 4th quarter worth $31,000. Smartleaf Asset Management LLC increased its stake in iShares 0-3 Month Treasury Bond ETF by 562.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 331 shares of the company’s stock valued at $33,000 after purchasing an additional 281 shares during the period. BOKF NA acquired a new position in iShares 0-3 Month Treasury Bond ETF in the third quarter valued at $41,000. Finally, Fifth Third Bancorp raised its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 4,890.0% in the fourth quarter. Fifth Third Bancorp now owns 499 shares of the company’s stock valued at $50,000 after buying an additional 489 shares during the last quarter.

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

Shares of SGOV opened at $100.60 on Wednesday. iShares 0-3 Month Treasury Bond ETF has a fifty-two week low of $100.27 and a fifty-two week high of $100.74. The firm has a 50-day simple moving average of $100.54 and a 200-day simple moving average of $100.53.

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.