Bleakley Financial Group LLC Takes Position in Schwab Government Money Market ETF $SGVT

Bleakley Financial Group LLC bought a new position in Schwab Government Money Market ETF (NYSEARCA:SGVT) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 16,924 shares of the company’s stock, valued at approximately $1,701,000. Bleakley Financial Group LLC owned approximately 0.35% of Schwab Government Money Market ETF at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Wolfstich Capital LLC purchased a new stake in shares of Schwab Government Money Market ETF in the fourth quarter worth about $316,000. Uptick Partners LLC lifted its position in shares of Schwab Government Money Market ETF by 408.9% in the fourth quarter. Uptick Partners LLC now owns 144,540 shares of the company’s stock worth $14,524,000 after buying an additional 116,138 shares in the last quarter. Addison Capital Co purchased a new stake in shares of Schwab Government Money Market ETF in the fourth quarter worth about $9,149,000. WealthPlan Investment Management LLC purchased a new stake in shares of Schwab Government Money Market ETF in the fourth quarter worth about $7,148,000. Finally, Encompass More Asset Management lifted its position in shares of Schwab Government Money Market ETF by 3.0% in the fourth quarter. Encompass More Asset Management now owns 49,794 shares of the company’s stock worth $5,004,000 after buying an additional 1,428 shares in the last quarter.

Schwab Government Money Market ETF Trading Up 0.0%

NYSEARCA:SGVT opened at $100.74 on Friday. Schwab Government Money Market ETF has a 12 month low of $100.01 and a 12 month high of $100.77. The business’s 50-day moving average is $100.64 and its 200 day moving average is $100.59.

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.