Raine Capital LLC Makes New Investment in iShares 0-3 Month Treasury Bond ETF $SGOV

Raine Capital LLC acquired a new stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) in the 1st quarter, according to the company in its most recent filing with the SEC. The firm acquired 7,200 shares of the company’s stock, valued at approximately $725,000. iShares 0-3 Month Treasury Bond ETF comprises 5.1% of Raine Capital LLC’s holdings, making the stock its 3rd largest position.

Other hedge funds have also recently modified their holdings of the company. Seal Cove Capital LLC lifted its holdings in iShares 0-3 Month Treasury Bond ETF by 5.1% during the first quarter. Seal Cove Capital LLC now owns 67,584 shares of the company’s stock worth $6,803,000 after acquiring an additional 3,283 shares during the period. Gateway Wealth Partners LLC increased its position in shares of iShares 0-3 Month Treasury Bond ETF by 125.3% during the 1st quarter. Gateway Wealth Partners LLC now owns 61,100 shares of the company’s stock valued at $6,150,000 after purchasing an additional 33,983 shares during the last quarter. Quadcap Wealth Management LLC bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the 1st quarter worth $300,000. Waverly Advisors LLC raised its stake in shares of iShares 0-3 Month Treasury Bond ETF by 2.7% during the 1st quarter. Waverly Advisors LLC now owns 1,510,486 shares of the company’s stock worth $152,046,000 after purchasing an additional 39,429 shares during the period. Finally, Aristotle Capital Management LLC boosted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 3.7% in the 1st quarter. Aristotle Capital Management LLC now owns 287,383 shares of the company’s stock worth $28,932,000 after buying an additional 10,300 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Stock Performance

NYSEARCA SGOV opened at $100.66 on Wednesday. iShares 0-3 Month Treasury Bond ETF has a 52-week low of $100.27 and a 52-week high of $100.74. The company has a 50-day simple moving average of $100.55 and a 200 day simple moving average of $100.54.

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.