Schwab Government Money Market ETF (NYSEARCA:SGVT – Get Free Report) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 40,606 shares, a decline of 51.2% from the August 31st total of 83,207 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 348,001 shares, the short-interest ratio is currently 0.1 days.
Schwab Government Money Market ETF Stock Performance
Shares of NYSEARCA:SGVT traded down $0.28 on Thursday, hitting $100.50. The company’s stock had a trading volume of 149,295 shares, compared to its average volume of 262,538. Schwab Government Money Market ETF has a 1 year low of $100.37 and a 1 year high of $100.79. The company has a 50-day simple moving average of $100.65 and a 200 day simple moving average of $100.63.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Advocacy Wealth Management LLC purchased a new stake in shares of Schwab Government Money Market ETF in the 2nd quarter worth about $172,809,000. North Berkeley Wealth Management LLC purchased a new stake in Schwab Government Money Market ETF during the 4th quarter valued at approximately $22,568,000. Worth Asset Management LLC increased its position in Schwab Government Money Market ETF by 216.5% in the first quarter. Worth Asset Management LLC now owns 27,573 shares of the company’s stock worth $2,777,000 after purchasing an additional 18,860 shares during the last quarter. Bleakley Financial Group LLC boosted its stake in Schwab Government Money Market ETF by 5.4% during the first quarter. Bleakley Financial Group LLC now owns 17,845 shares of the company’s stock worth $1,797,000 after buying an additional 921 shares during the period. Finally, Stone Loft Wealth Management LLC purchased a new position in Schwab Government Money Market ETF in the 1st quarter worth about $1,343,000.
Schwab Government Money Market ETF Company 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.
See Also
- Five stocks we like better than Schwab Government Money Market ETF
- Advanced Micro Devices Is Spending $8.2 Billion to Learn What AI Needs Next
- JPMorgan Bets on Genius Sports as the Market Loses Patience
- Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
- First Watch’s Growth Story Meets a Reality Check
Receive News & Ratings for Schwab Government Money Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Government Money Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.
