Savant Capital LLC Takes $3.40 Million Position in Schwab Government Money Market ETF $SGVT

Savant Capital LLC purchased a new position in Schwab Government Money Market ETF (NYSEARCA:SGVT) during the third quarter, HoldingsChannel reports. The firm purchased 33,766 shares of the company’s stock, valued at approximately $3,398,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. WealthShield Partners LLC purchased a new stake in Schwab Government Money Market ETF in the 2nd quarter valued at about $99,000. Farther Finance Advisors LLC bought a new stake in shares of Schwab Government Money Market ETF during the third quarter valued at approximately $125,000. One Plus One Wealth Management LLC purchased a new stake in shares of Schwab Government Money Market ETF in the third quarter valued at approximately $277,000. AssuredPartners Investment Advisors LLC bought a new position in Schwab Government Money Market ETF in the third quarter worth approximately $334,000. Finally, Comprehensive Financial Consultants Institutional Inc. bought a new position in Schwab Government Money Market ETF in the third quarter worth approximately $358,000.

Schwab Government Money Market ETF Stock Performance

SGVT opened at $100.51 on Friday. The stock’s fifty day moving average is $100.56 and its two-hundred day moving average is $100.50. Schwab Government Money Market ETF has a 52 week low of $100.01 and a 52 week high of $100.77.

Schwab Government Money Market ETF 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.