Belpointe Asset Management LLC Has $1.17 Million Stock Holdings in Schwab Government Money Market ETF $SGVT

Belpointe Asset Management LLC boosted its stake in shares of Schwab Government Money Market ETF (NYSEARCA:SGVT) by 198.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,665 shares of the company’s stock after acquiring an additional 7,753 shares during the quarter. Belpointe Asset Management LLC owned 0.24% of Schwab Government Money Market ETF worth $1,172,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Able Wealth Management LLC acquired a new position in Schwab Government Money Market ETF during the third quarter worth $1,000,000. Uptick Partners LLC acquired a new position in Schwab Government Money Market ETF during the third quarter worth $2,858,000. Encompass More Asset Management acquired a new position in Schwab Government Money Market ETF during the third quarter worth $4,867,000. Savant Capital LLC acquired a new position in Schwab Government Money Market ETF during the third quarter worth $3,398,000. Finally, Golden State Equity Partners acquired a new position in Schwab Government Money Market ETF during the third quarter worth $589,000.

Schwab Government Money Market ETF Trading Up 0.0%

Schwab Government Money Market ETF stock opened at $100.68 on Wednesday. The stock has a fifty day moving average price of $100.60 and a two-hundred day moving average price of $100.57. Schwab Government Money Market ETF has a 52-week low of $100.01 and a 52-week 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.