13,338 Shares in Schwab Government Money Market ETF $SGVT Bought by Stone Loft Wealth Management LLC

Stone Loft Wealth Management LLC purchased a new stake in shares of Schwab Government Money Market ETF (NYSEARCA:SGVT) in the 1st quarter, Holdings Channel reports. The institutional investor purchased 13,338 shares of the company’s stock, valued at approximately $1,343,000. Schwab Government Money Market ETF accounts for 1.0% of Stone Loft Wealth Management LLC’s investment portfolio, making the stock its 16th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of SGVT. Johnson Financial Group Inc. purchased a new stake in Schwab Government Money Market ETF in the third quarter worth about $25,000. Hartford Financial Management Inc. purchased a new position in shares of Schwab Government Money Market ETF during the 4th quarter valued at about $53,000. Robbins Farley bought a new position in shares of Schwab Government Money Market ETF during the 1st quarter valued at approximately $60,000. Harbour Investments Inc. bought a new position in shares of Schwab Government Money Market ETF during the 4th quarter valued at approximately $62,000. Finally, JPMorgan Chase & Co. purchased a new stake in Schwab Government Money Market ETF in the 3rd quarter worth approximately $77,000.

Schwab Government Money Market ETF Price Performance

Schwab Government Money Market ETF stock opened at $100.67 on Tuesday. Schwab Government Money Market ETF has a 12-month low of $100.16 and a 12-month high of $100.77. The firm has a 50 day moving average of $100.62 and a 200 day moving average of $100.61.

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.