Private Client Services LLC Buys 6,547 Shares of Schwab Government Money Market ETF $SGVT

Private Client Services LLC increased its stake in Schwab Government Money Market ETF (NYSEARCA:SGVT) by 219.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,527 shares of the company’s stock after acquiring an additional 6,547 shares during the period. Private Client Services LLC owned about 0.12% of Schwab Government Money Market ETF worth $960,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of SGVT. Johnson Financial Group Inc. purchased a new position in shares of Schwab Government Money Market ETF in the third quarter valued at about $25,000. Hartford Financial Management Inc. purchased a new position in shares of Schwab Government Money Market ETF during the fourth quarter valued at about $53,000. Robbins Farley bought a new position in Schwab Government Money Market ETF in the first quarter worth about $60,000. Harbour Investments Inc. bought a new position in Schwab Government Money Market ETF in the fourth quarter worth about $62,000. Finally, JPMorgan Chase & Co. purchased a new stake in Schwab Government Money Market ETF in the third quarter worth about $77,000.

Schwab Government Money Market ETF Stock Down 0.3%

Schwab Government Money Market ETF stock opened at $100.51 on Tuesday. The stock’s 50 day simple moving average is $100.63 and its two-hundred day simple moving average is $100.62. Schwab Government Money Market ETF has a fifty-two week low of $100.20 and a fifty-two week high of $100.79.

Schwab Government Money Market ETF 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.