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

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

Several other institutional investors and hedge funds have also modified their holdings of the stock. Johnson Financial Group Inc. acquired a new position in shares of Schwab Government Money Market ETF in the third quarter worth $25,000. GW&K Investment Management LLC purchased a new stake in shares of Schwab Government Money Market ETF during the third quarter worth $26,000. JPMorgan Chase & Co. acquired a new stake in Schwab Government Money Market ETF during the third quarter valued at $77,000. Farther Finance Advisors LLC acquired a new stake in Schwab Government Money Market ETF during the third quarter valued at $125,000. Finally, WealthShield Partners LLC grew its stake in Schwab Government Money Market ETF by 61.1% in the third quarter. WealthShield Partners LLC now owns 1,588 shares of the company’s stock valued at $160,000 after purchasing an additional 602 shares in the last quarter.

Schwab Government Money Market ETF Stock Up 0.0%

Shares of SGVT stock opened at $100.70 on Friday. Schwab Government Money Market ETF has a fifty-two week low of $100.01 and a fifty-two week high of $100.77. The stock’s 50-day moving average is $100.60 and its two-hundred day moving average is $100.56.

About Schwab Government Money Market ETF

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.