Worth Asset Management LLC Buys 18,860 Shares of Schwab Government Money Market ETF $SGVT

Worth Asset Management LLC grew its stake in shares of Schwab Government Money Market ETF (NYSEARCA:SGVT) by 216.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,573 shares of the company’s stock after purchasing an additional 18,860 shares during the period. Schwab Government Money Market ETF makes up 1.0% of Worth Asset Management LLC’s investment portfolio, making the stock its 17th biggest holding. Worth Asset Management LLC owned about 0.39% of Schwab Government Money Market ETF worth $2,777,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Johnson Financial Group Inc. bought a new stake in Schwab Government Money Market ETF in the 3rd quarter valued at about $25,000. GW&K Investment Management LLC acquired a new position in Schwab Government Money Market ETF during the 3rd quarter worth approximately $26,000. Hartford Financial Management Inc. bought a new position in Schwab Government Money Market ETF in the fourth quarter worth approximately $53,000. Robbins Farley bought a new position in Schwab Government Money Market ETF in the first quarter worth approximately $60,000. Finally, Harbour Investments Inc. acquired a new stake in Schwab Government Money Market ETF in the fourth quarter valued at approximately $62,000.

Schwab Government Money Market ETF Stock Performance

NYSEARCA SGVT opened at $100.67 on Tuesday. Schwab Government Money Market ETF has a 52 week low of $100.08 and a 52 week high of $100.77. The business has a 50 day moving average price of $100.63 and a 200-day moving average price of $100.59.

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.