Latitude Advisors LLC Grows Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Latitude Advisors LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 102.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 13,197 shares of the company’s stock after buying an additional 6,688 shares during the quarter. Latitude Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $318,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kennebec Savings Bank acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $26,000. Golden State Wealth Management LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $26,000. Spire Wealth Management lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% during the fourth quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock worth $29,000 after purchasing an additional 612 shares in the last quarter. Sound Income Strategies LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 213.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock worth $31,000 after buying an additional 864 shares during the period. Finally, Hendershot Investments Inc. raised its holdings 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 valued at $31,000 after buying an additional 825 shares during the period.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.15 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.53. The stock’s 50 day moving average price is $24.16 and its 200 day moving average price is $24.26.

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.