Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Purchased by Rede Wealth LLC

Rede Wealth LLC raised its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 92.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 104,404 shares of the company’s stock after acquiring an additional 50,027 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up about 1.0% of Rede Wealth LLC’s investment portfolio, making the stock its 10th largest holding. Rede Wealth LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,512,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SCHO. Hendershot Investments Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 185.4% during the 4th quarter. Hendershot Investments Inc. now owns 1,270 shares of the company’s stock worth $31,000 after buying an additional 825 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 87.7% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,419 shares of the company’s stock worth $34,000 after buying an additional 663 shares during the last quarter. American Capital Advisory LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 92.2% during the 4th quarter. American Capital Advisory LLC now owns 33,842 shares of the company’s stock worth $814,000 after buying an additional 16,234 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 85.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 39,383 shares of the company’s stock worth $948,000 after buying an additional 18,201 shares during the last quarter. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth about $26,000.

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

NYSEARCA SCHO opened at $24.14 on Friday. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.85 and a 52-week high of $24.53. The firm has a 50-day moving average of $24.16 and a 200-day moving average of $24.26.

Schwab Short-Term U.S. Treasury ETF Profile

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.