Schwab Government Money Market ETF (NYSEARCA:SGVT – Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 83,207 shares, a drop of 74.7% from the August 15th total of 328,637 shares. Based on an average daily trading volume, of 230,172 shares, the short-interest ratio is presently 0.4 days. Approximately 1.0% of the shares of the stock are short sold.
Schwab Government Money Market ETF Price Performance
Schwab Government Money Market ETF stock traded up $0.01 during midday trading on Monday, hitting $100.61. 307,696 shares of the company’s stock were exchanged, compared to its average volume of 259,774. Schwab Government Money Market ETF has a 52-week low of $100.36 and a 52-week high of $100.79. The stock has a 50-day moving average price of $100.63 and a two-hundred day moving average price of $100.62.
Institutional Trading of Schwab Government Money Market ETF
Large investors have recently modified their holdings of the business. JNBA Financial Advisors bought a new position in shares of Schwab Government Money Market ETF in the second quarter worth approximately $59,000. Robbins Farley purchased a new position in Schwab Government Money Market ETF in the 1st quarter worth approximately $60,000. Harbour Investments Inc. purchased a new position in Schwab Government Money Market ETF in the 4th quarter worth approximately $62,000. Integrated Wealth Concepts LLC bought a new position in shares of Schwab Government Money Market ETF in the 2nd quarter worth $63,000. Finally, Vermillion Wealth Management Inc. purchased a new stake in shares of Schwab Government Money Market ETF during the 4th quarter valued at $255,000.
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.
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