WealthPlan Investment Management LLC Takes $7.15 Million Position in Schwab Government Money Market ETF $SGVT

WealthPlan Investment Management LLC purchased a new stake in Schwab Government Money Market ETF (NYSEARCA:SGVT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 71,131 shares of the company’s stock, valued at approximately $7,148,000. WealthPlan Investment Management LLC owned about 1.41% of Schwab Government Money Market ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Johnson Financial Group Inc. bought a new stake in shares of Schwab Government Money Market ETF in the 3rd quarter valued at about $25,000. GW&K Investment Management LLC bought a new stake in Schwab Government Money Market ETF during the 3rd quarter worth approximately $26,000. Hartford Financial Management Inc. bought a new stake in Schwab Government Money Market ETF during the 4th quarter worth approximately $53,000. WealthShield Partners LLC increased its stake in Schwab Government Money Market ETF by 61.1% during the 3rd quarter. WealthShield Partners LLC now owns 1,588 shares of the company’s stock worth $160,000 after purchasing an additional 602 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in Schwab Government Money Market ETF during the 3rd quarter worth approximately $77,000.

Schwab Government Money Market ETF Price Performance

NYSEARCA SGVT opened at $100.63 on Friday. The business has a 50 day simple moving average of $100.61 and a 200 day simple moving average of $100.58. Schwab Government Money Market ETF has a 52-week low of $100.01 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.