Canal Capital Management LLC Buys 7,193 Shares of iShares 0-3 Month Treasury Bond ETF $SGOV

Canal Capital Management LLC boosted its stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 354.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,225 shares of the company’s stock after purchasing an additional 7,193 shares during the quarter. Canal Capital Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $929,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SGOV. Axxcess Wealth Management LLC grew its position in iShares 0-3 Month Treasury Bond ETF by 379.3% in the 4th quarter. Axxcess Wealth Management LLC now owns 3,256,065 shares of the company’s stock valued at $326,844,000 after purchasing an additional 2,576,728 shares during the period. CIBC Private Wealth Group LLC raised its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 129.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 4,141,877 shares of the company’s stock worth $415,762,000 after acquiring an additional 2,335,616 shares during the last quarter. Cerity Partners LLC raised its stake in shares of iShares 0-3 Month Treasury Bond ETF by 111.8% in the fourth quarter. Cerity Partners LLC now owns 3,943,067 shares of the company’s stock worth $395,805,000 after purchasing an additional 2,081,395 shares during the last quarter. Robinhood Asset Management LLC bought a new position in iShares 0-3 Month Treasury Bond ETF during the 4th quarter valued at $177,740,000. Finally, Westerkirk Capital Inc. bought a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 4th quarter worth approximately $152,955,000.

iShares 0-3 Month Treasury Bond ETF Price Performance

SGOV stock opened at $100.44 on Friday. The stock’s fifty day simple moving average is $100.55 and its two-hundred day simple moving average is $100.52. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-year high of $100.74.

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.