Stone Loft Wealth Management LLC Takes $1.34 Million Position in Schwab Government Money Market ETF $SGVT

Stone Loft Wealth Management LLC acquired a new stake in shares of Schwab Government Money Market ETF (NYSEARCA:SGVT) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,338 shares of the company’s stock, valued at approximately $1,343,000. Schwab Government Money Market ETF comprises about 1.0% of Stone Loft Wealth Management LLC’s holdings, making the stock its 16th largest holding. Stone Loft Wealth Management LLC owned approximately 0.19% of Schwab Government Money Market ETF at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Wolfstich Capital LLC bought a new stake in Schwab Government Money Market ETF in the 4th quarter worth about $316,000. North Berkeley Wealth Management LLC bought a new position in Schwab Government Money Market ETF during the 4th quarter valued at about $22,568,000. Uptick Partners LLC boosted its holdings in shares of Schwab Government Money Market ETF by 408.9% during the 4th quarter. Uptick Partners LLC now owns 144,540 shares of the company’s stock valued at $14,524,000 after acquiring an additional 116,138 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Schwab Government Money Market ETF during the 4th quarter valued at about $10,156,000. Finally, Savant Capital LLC grew its stake in shares of Schwab Government Money Market ETF by 181.6% in the fourth quarter. Savant Capital LLC now owns 95,081 shares of the company’s stock worth $9,554,000 after acquiring an additional 61,315 shares during the period.

Schwab Government Money Market ETF Trading Up 0.0%

Shares of SGVT stock opened at $100.67 on Tuesday. The company has a 50 day moving average price of $100.62 and a 200-day moving average price of $100.61. Schwab Government Money Market ETF has a 52 week low of $100.16 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.