North Berkeley Wealth Management LLC Makes New $22.57 Million Investment in Schwab Government Money Market ETF $SGVT

North Berkeley Wealth Management LLC purchased a new position in shares of Schwab Government Money Market ETF (NYSEARCA:SGVT) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 224,587 shares of the company’s stock, valued at approximately $22,568,000. Schwab Government Money Market ETF accounts for about 13.3% of North Berkeley Wealth Management LLC’s investment portfolio, making the stock its largest position. North Berkeley Wealth Management LLC owned approximately 4.59% of Schwab Government Money Market ETF at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Wolfstich Capital LLC purchased a new position in Schwab Government Money Market ETF during the fourth quarter worth approximately $316,000. Uptick Partners LLC raised its stake in Schwab Government Money Market ETF by 408.9% during the fourth quarter. Uptick Partners LLC now owns 144,540 shares of the company’s stock worth $14,524,000 after purchasing an additional 116,138 shares during the period. Savant Capital LLC raised its stake in Schwab Government Money Market ETF by 181.6% during the fourth quarter. Savant Capital LLC now owns 95,081 shares of the company’s stock worth $9,554,000 after purchasing an additional 61,315 shares during the period. Addison Capital Co purchased a new position in Schwab Government Money Market ETF during the fourth quarter worth approximately $9,149,000. Finally, WealthPlan Investment Management LLC purchased a new position in Schwab Government Money Market ETF during the fourth quarter worth approximately $7,148,000.

Schwab Government Money Market ETF Price Performance

Shares of SGVT stock opened at $100.50 on Thursday. The company’s fifty day simple moving average is $100.63 and its 200-day simple moving average is $100.59. 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.