Schwab Government Money Market ETF (NYSEARCA:SGVT) Short Interest Update

Schwab Government Money Market ETF (NYSEARCA:SGVT) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 114,843 shares, a growth of 101.8% from the June 30th total of 56,914 shares. Approximately 1.4% of the shares of the stock are sold short. Based on an average daily volume of 211,623 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Schwab Government Money Market ETF

Institutional investors have recently made changes to their positions in the stock. Private Client Services LLC lifted its position in shares of Schwab Government Money Market ETF by 219.7% in the second quarter. Private Client Services LLC now owns 9,527 shares of the company’s stock valued at $960,000 after acquiring an additional 6,547 shares in the last quarter. Claris Financial LLC raised its stake in Schwab Government Money Market ETF by 55.8% in the 1st quarter. Claris Financial LLC now owns 6,619 shares of the company’s stock valued at $667,000 after purchasing an additional 2,371 shares during the last quarter. Stone Loft Wealth Management LLC acquired a new position in Schwab Government Money Market ETF in the 1st quarter valued at about $1,343,000. Sanctuary Advisors LLC lifted its holdings in Schwab Government Money Market ETF by 338.2% in the 1st quarter. Sanctuary Advisors LLC now owns 10,126 shares of the company’s stock valued at $1,020,000 after purchasing an additional 7,815 shares in the last quarter. Finally, Bleakley Financial Group LLC boosted its stake in shares of Schwab Government Money Market ETF by 5.4% during the 1st quarter. Bleakley Financial Group LLC now owns 17,845 shares of the company’s stock worth $1,797,000 after purchasing an additional 921 shares during the last quarter.

Schwab Government Money Market ETF Price Performance

Shares of NYSEARCA SGVT opened at $100.73 on Wednesday. The company’s 50-day moving average price is $100.63 and its 200 day moving average price is $100.62. Schwab Government Money Market ETF has a 52 week low of $100.16 and a 52 week high of $100.77.

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.