Worth Asset Management LLC Makes New Investment in Schwab Government Money Market ETF $SGVT

Worth Asset Management LLC acquired a new stake in Schwab Government Money Market ETF (NYSEARCA:SGVT) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 8,713 shares of the company’s stock, valued at approximately $876,000. Worth Asset Management LLC owned about 0.19% of Schwab Government Money Market ETF at the end of the most recent quarter.

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

Schwab Government Money Market ETF Stock Up 0.0%

NYSEARCA:SGVT opened at $100.70 on Friday. Schwab Government Money Market ETF has a 1 year low of $100.01 and a 1 year high of $100.77. The stock has a 50-day simple moving average of $100.60 and a 200-day simple moving average of $100.56.

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.