Dynamic Advisor Solutions LLC Has $7.50 Million Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Dynamic Advisor Solutions LLC lessened its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 25.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 155,457 shares of the company’s stock after selling 53,996 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $7,495,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SCHO. Toronto Dominion Bank purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at approximately $38,000. Howe & Rusling Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth about $42,000. Fortitude Family Office LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at about $71,000. Financial Gravity Asset Management Inc. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 3,381.3% in the third quarter. Financial Gravity Asset Management Inc. now owns 1,671 shares of the company’s stock worth $80,000 after purchasing an additional 1,623 shares in the last quarter. Finally, Cooksen Wealth LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth approximately $87,000.

Schwab Short-Term U.S. Treasury ETF Stock Performance

Schwab Short-Term U.S. Treasury ETF stock remained flat at $48.12 during trading hours on Tuesday. 917,329 shares of the company’s stock traded hands, compared to its average volume of 1,439,974. The company’s fifty day moving average is $47.96 and its two-hundred day moving average is $48.15. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $47.65 and a 1 year high of $48.65.

About Schwab Short-Term U.S. Treasury ETF

The Schwab Short-Term U.S. Treasury ETF (SCHO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of debt issued by the US Treasury, excluding STRIPS, with remaining maturity of 1-3 years. SCHO was launched on Aug 5, 2010 and is managed by Charles Schwab.