McAdam LLC Makes New $1.07 Million Investment in Schwab Government Money Market ETF $SGVT

McAdam LLC acquired a new stake in Schwab Government Money Market ETF (NYSEARCA:SGVT) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,654 shares of the company’s stock, valued at approximately $1,072,000. McAdam LLC owned 0.35% of Schwab Government Money Market ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. WealthShield Partners LLC bought a new stake in shares of Schwab Government Money Market ETF in the second quarter worth about $99,000. Farther Finance Advisors LLC purchased a new stake in Schwab Government Money Market ETF in the 3rd quarter worth approximately $125,000. One Plus One Wealth Management LLC bought a new stake in shares of Schwab Government Money Market ETF in the 3rd quarter worth approximately $277,000. AssuredPartners Investment Advisors LLC purchased a new position in shares of Schwab Government Money Market ETF during the third quarter valued at approximately $334,000. Finally, Comprehensive Financial Consultants Institutional Inc. bought a new position in shares of Schwab Government Money Market ETF during the third quarter valued at approximately $358,000.

Schwab Government Money Market ETF Stock Up 0.0%

Shares of SGVT stock opened at $100.66 on Thursday. The stock has a fifty day moving average of $100.56 and a 200 day moving average of $100.47. Schwab Government Money Market ETF has a 52 week low of $100.01 and a 52 week high of $100.72.

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.