Sanctuary Advisors LLC Acquires 7,815 Shares of Schwab Government Money Market ETF $SGVT

Sanctuary Advisors LLC raised its holdings in shares of Schwab Government Money Market ETF (NYSEARCA:SGVT) by 338.2% in the first quarter, Holdings Channel.com reports. The firm owned 10,126 shares of the company’s stock after purchasing an additional 7,815 shares during the period. Sanctuary Advisors LLC’s holdings in Schwab Government Money Market ETF were worth $1,020,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SGVT. Johnson Financial Group Inc. bought a new stake in shares of Schwab Government Money Market ETF in the 3rd quarter worth approximately $25,000. Hartford Financial Management Inc. bought a new position in Schwab Government Money Market ETF during the 4th quarter valued at approximately $53,000. Robbins Farley bought a new position in Schwab Government Money Market ETF during the 1st quarter valued at approximately $60,000. Harbour Investments Inc. purchased a new position in Schwab Government Money Market ETF during the fourth quarter valued at $62,000. Finally, JPMorgan Chase & Co. purchased a new position in Schwab Government Money Market ETF during the third quarter valued at $77,000.

Schwab Government Money Market ETF Price Performance

Schwab Government Money Market ETF stock opened at $100.70 on Friday. The business’s fifty day simple moving average is $100.63 and its two-hundred day simple moving average is $100.61. Schwab Government Money Market ETF has a 12 month low of $100.16 and a 12 month 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.