9,192 Shares in Schwab Government Money Market ETF $SGVT Bought by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. purchased a new stake in Schwab Government Money Market ETF (NYSEARCA:SGVT) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 9,192 shares of the company’s stock, valued at approximately $926,000. Summit Wealth Group LLC Co. owned 0.09% of Schwab Government Money Market ETF as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. WPG Advisers LLC lifted its position in Schwab Government Money Market ETF by 218.6% in the 3rd quarter. WPG Advisers LLC now owns 44,993 shares of the company’s stock valued at $4,534,000 after acquiring an additional 30,872 shares in the last quarter. Victory Financial Group LLC bought a new position in Schwab Government Money Market ETF during the 3rd quarter worth about $525,000. Kingswood Wealth Advisors LLC increased its holdings in Schwab Government Money Market ETF by 15.0% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 5,701 shares of the company’s stock worth $574,000 after purchasing an additional 744 shares in the last quarter. Simplicity Wealth LLC increased its holdings in Schwab Government Money Market ETF by 32.4% during the 3rd quarter. Simplicity Wealth LLC now owns 3,639 shares of the company’s stock worth $367,000 after purchasing an additional 891 shares in the last quarter. Finally, Mills Wealth Advisors LLC raised its stake in shares of Schwab Government Money Market ETF by 69.1% in the 3rd quarter. Mills Wealth Advisors LLC now owns 11,418 shares of the company’s stock valued at $1,151,000 after purchasing an additional 4,665 shares during the period.

Schwab Government Money Market ETF Stock Performance

Shares of Schwab Government Money Market ETF stock opened at $100.51 on Wednesday. The stock’s 50-day moving average is $100.65 and its 200-day moving average is $100.63. Schwab Government Money Market ETF has a one year low of $100.37 and a one year high of $100.82.

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.