Royal Bank of Canada Raises Stock Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Royal Bank of Canada increased its position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 14.5% in the 1st quarter, HoldingsChannel reports. The fund owned 2,691,521 shares of the company’s stock after acquiring an additional 341,164 shares during the period. Royal Bank of Canada’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $270,929,000 as of its most recent SEC filing.

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

iShares 0-3 Month Treasury Bond ETF Price Performance

iShares 0-3 Month Treasury Bond ETF stock opened at $100.68 on Thursday. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-year high of $100.74. The business has a fifty day moving average price of $100.55 and a 200-day moving average price of $100.54.

iShares 0-3 Month Treasury Bond ETF Company 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.