Canal Capital Management LLC Raises Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Canal Capital Management LLC boosted its position in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 354.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,225 shares of the company’s stock after purchasing an additional 7,193 shares during the period. 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 institutional investors and hedge funds have also bought and sold shares of SGOV. 4WEALTH Advisors Inc. lifted its holdings in iShares 0-3 Month Treasury Bond ETF by 0.6% during the first quarter. 4WEALTH Advisors Inc. now owns 18,280 shares of the company’s stock valued at $1,840,000 after purchasing an additional 100 shares during the last quarter. Kennon Green & Company LLC increased its stake in shares of iShares 0-3 Month Treasury Bond ETF by 29.4% in the first quarter. Kennon Green & Company LLC now owns 4,299 shares of the company’s stock worth $433,000 after purchasing an additional 977 shares in the last quarter. Private Advisor Group LLC increased its stake in shares of iShares 0-3 Month Treasury Bond ETF by 58.1% in the first quarter. Private Advisor Group LLC now owns 563,002 shares of the company’s stock worth $56,672,000 after purchasing an additional 206,925 shares in the last quarter. Platform Technology Partners bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the first quarter valued at approximately $1,456,000. Finally, Sound Income Strategies LLC raised its position in shares of iShares 0-3 Month Treasury Bond ETF by 2,659.4% in the first quarter. Sound Income Strategies LLC now owns 883 shares of the company’s stock valued at $89,000 after purchasing an additional 851 shares during the period.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of SGOV stock opened at $100.44 on Friday. The firm’s 50 day moving average is $100.55 and its 200 day moving average is $100.52. iShares 0-3 Month Treasury Bond ETF has a 12 month low of $100.27 and a 12 month high of $100.74.

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.