Mutual Advisors LLC Raises Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Mutual Advisors LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 13.5% in the 4th quarter, Holdings Channel reports. The fund owned 373,129 shares of the company’s stock after buying an additional 44,316 shares during the period. Mutual Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $9,026,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. SMI Advisory Services LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 94.7% during the 4th quarter. SMI Advisory Services LLC now owns 299,372 shares of the company’s stock valued at $7,215,000 after purchasing an additional 145,610 shares in the last quarter. Independent Wealth Network Inc. increased its holdings in Schwab Short-Term U.S. Treasury ETF by 101.3% in the fourth quarter. Independent Wealth Network Inc. now owns 18,479 shares of the company’s stock valued at $445,000 after buying an additional 9,299 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter worth about $392,000. Bartlett & CO. Wealth Management LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 121.6% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 15,231 shares of the company’s stock worth $366,000 after acquiring an additional 8,359 shares in the last quarter. Finally, ERTS Wealth Advisors LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 102.5% during the 4th quarter. ERTS Wealth Advisors LLC now owns 193,660 shares of the company’s stock valued at $4,659,000 after acquiring an additional 98,036 shares during the period.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.17 on Thursday. The business has a 50-day moving average price of $24.16 and a 200 day moving average price of $24.25. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.85 and a twelve month high of $24.53.

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.