Wolfstich Capital LLC Takes $316,000 Position in Schwab Government Money Market ETF $SGVT

Wolfstich Capital LLC acquired a new stake in Schwab Government Money Market ETF (NYSEARCA:SGVT) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 315,901 shares of the company’s stock, valued at approximately $316,000. Schwab Government Money Market ETF comprises about 0.3% of Wolfstich Capital LLC’s portfolio, making the stock its 16th largest position. Wolfstich Capital LLC owned 0.07% of Schwab Government Money Market ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SGVT. Able Wealth Management LLC purchased a new stake in Schwab Government Money Market ETF in the third quarter valued at $1,000,000. Uptick Partners LLC acquired a new position in shares of Schwab Government Money Market ETF in the 3rd quarter valued at $2,858,000. Encompass More Asset Management purchased a new position in shares of Schwab Government Money Market ETF during the 3rd quarter worth $4,867,000. Savant Capital LLC purchased a new position in shares of Schwab Government Money Market ETF during the 3rd quarter worth $3,398,000. Finally, MGO One Seven LLC acquired a new stake in shares of Schwab Government Money Market ETF during the 3rd quarter worth about $3,340,000.

Schwab Government Money Market ETF Stock Performance

Shares of SGVT opened at $100.70 on Friday. The company’s 50-day moving average price is $100.60 and its 200 day moving average price is $100.56. Schwab Government Money Market ETF has a 12-month low of $100.01 and a 12-month high of $100.77.

Schwab Government Money Market ETF Company Profile

SGVT is an actively managed government money market ETF that invests in U.S. Treasury bills, government agency securities, and fully collateralized repurchase agreements. It aims for current income consistent with capital preservation and maintains liquidity, with a NAV that fluctuates based on underlying market values.