Schwab Government Money Market ETF (NYSEARCA:SGVT) Short Interest Update

Schwab Government Money Market ETF (NYSEARCA:SGVT) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 40,606 shares, a decrease of 51.2% from the August 31st total of 83,207 shares. Based on an average trading volume of 348,001 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.4% of the shares of the company are short sold.

Schwab Government Money Market ETF Trading Up 0.0%

NYSEARCA:SGVT traded up $0.01 on Wednesday, hitting $100.77. The stock had a trading volume of 326,881 shares, compared to its average volume of 263,176. The business’s 50-day simple moving average is $100.65 and its two-hundred day simple moving average is $100.63. Schwab Government Money Market ETF has a 52-week low of $100.36 and a 52-week high of $100.79.

Hedge Funds Weigh In On Schwab Government Money Market ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Advocacy Wealth Management LLC purchased a new stake in Schwab Government Money Market ETF during the second quarter valued at approximately $172,809,000. North Berkeley Wealth Management LLC purchased a new position in shares of Schwab Government Money Market ETF during the 4th quarter worth $22,568,000. Worth Asset Management LLC grew its position in shares of Schwab Government Money Market ETF by 216.5% during the 1st quarter. Worth Asset Management LLC now owns 27,573 shares of the company’s stock valued at $2,777,000 after acquiring an additional 18,860 shares during the period. Stone Loft Wealth Management LLC bought a new stake in shares of Schwab Government Money Market ETF during the 1st quarter valued at $1,343,000. Finally, Mascagni Wealth Management Inc. purchased a new stake in shares of Schwab Government Money Market ETF in the 4th quarter worth $1,047,000.

About Schwab Government Money Market ETF

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.