Mascagni Wealth Management Inc. Makes New Investment in Schwab Government Money Market ETF $SGVT

Mascagni Wealth Management Inc. purchased a new position in shares of Schwab Government Money Market ETF (NYSEARCA:SGVT) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 10,421 shares of the company’s stock, valued at approximately $1,047,000. Mascagni Wealth Management Inc. owned about 0.21% of Schwab Government Money Market ETF as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Johnson Financial Group Inc. acquired a new position in shares of Schwab Government Money Market ETF during the 3rd quarter worth approximately $25,000. GW&K Investment Management LLC acquired a new position in shares of Schwab Government Money Market ETF during the 3rd quarter worth approximately $26,000. Hartford Financial Management Inc. acquired a new position in shares of Schwab Government Money Market ETF during the 4th quarter worth approximately $53,000. Harbour Investments Inc. acquired a new position in shares of Schwab Government Money Market ETF during the 4th quarter worth approximately $62,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Schwab Government Money Market ETF during the 3rd quarter worth approximately $77,000.

Schwab Government Money Market ETF Price Performance

SGVT stock opened at $100.54 on Friday. Schwab Government Money Market ETF has a 1-year low of $100.01 and a 1-year high of $100.77. The business’s 50 day simple moving average is $100.63 and its 200 day simple moving average is $100.59.

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.