Schwab Government Money Market ETF (NYSEARCA:SGVT – Get Free Report) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 40,606 shares, a decline of 51.2% from the August 31st total of 83,207 shares. Based on an average daily volume of 348,001 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the company’s shares are sold short.
Schwab Government Money Market ETF Trading Up 0.0%
NYSEARCA SGVT traded up $0.02 on Tuesday, hitting $100.76. The company’s stock had a trading volume of 159,666 shares, compared to its average volume of 262,823. Schwab Government Money Market ETF has a 52-week low of $100.36 and a 52-week high of $100.79. The company’s 50-day simple moving average is $100.65 and its 200 day simple moving average is $100.63.
Institutional Trading of Schwab Government Money Market ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JNBA Financial Advisors bought a new position in Schwab Government Money Market ETF in the 2nd quarter worth $59,000. Robbins Farley purchased a new position in shares of Schwab Government Money Market ETF during the first quarter valued at about $60,000. Harbour Investments Inc. purchased a new position in shares of Schwab Government Money Market ETF during the fourth quarter valued at about $62,000. Integrated Wealth Concepts LLC bought a new position in Schwab Government Money Market ETF in the second quarter worth about $63,000. Finally, Vermillion Wealth Management Inc. purchased a new stake in Schwab Government Money Market ETF in the fourth quarter worth about $255,000.
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.
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