Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Position Raised by Black Diamond Financial LLC

Black Diamond Financial LLC raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 1,797.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 460,370 shares of the company’s stock after buying an additional 436,102 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up about 1.7% of Black Diamond Financial LLC’s investment portfolio, making the stock its 17th largest holding. Black Diamond Financial LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $11,077,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Savvy Advisors Inc. lifted its stake in Schwab Short-Term U.S. Treasury ETF by 1.9% in the third quarter. Savvy Advisors Inc. now owns 23,138 shares of the company’s stock valued at $1,133,000 after buying an additional 430 shares during the last quarter. Princeton Global Asset Management LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.3% during the third quarter. Princeton Global Asset Management LLC now owns 32,927 shares of the company’s stock valued at $1,613,000 after purchasing an additional 436 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 3.9% during the third quarter. Creative Financial Designs Inc. ADV now owns 12,436 shares of the company’s stock valued at $609,000 after purchasing an additional 467 shares during the period. Beacon Financial Advisory LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.9% during the third quarter. Beacon Financial Advisory LLC now owns 26,586 shares of the company’s stock valued at $1,302,000 after purchasing an additional 485 shares during the period. Finally, Islay Capital Management LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.0% during the third quarter. Islay Capital Management LLC now owns 48,646 shares of the company’s stock valued at $2,383,000 after purchasing an additional 489 shares during the period.

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

Shares of SCHO opened at $24.22 on Monday. 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 fifty day moving average is $24.15 and its 200-day moving average is $24.25.

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.