41,816 Shares in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Purchased by Naviter Wealth LLC

Naviter Wealth LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the fourth quarter, Holdings Channel reports. The firm acquired 41,816 shares of the company’s stock, valued at approximately $1,006,000.

Other institutional investors have also added to or reduced their stakes in the company. Savvy Advisors Inc. lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 1.9% during the 3rd quarter. Savvy Advisors Inc. now owns 23,138 shares of the company’s stock worth $1,133,000 after purchasing an additional 430 shares in the last quarter. Islay Capital Management LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.0% in the third quarter. Islay Capital Management LLC now owns 48,646 shares of the company’s stock worth $2,383,000 after buying an additional 489 shares in the last quarter. BNP Paribas boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 4.1% in the third quarter. BNP Paribas now owns 13,466 shares of the company’s stock valued at $660,000 after acquiring an additional 528 shares during the period. Kennebec Savings Bank purchased a new position in Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $26,000. Finally, Smartleaf Asset Management LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 100.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock worth $28,000 after acquiring an additional 591 shares during the period.

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

NYSEARCA SCHO opened at $24.25 on Friday. The company’s 50 day simple moving average is $24.18 and its two-hundred day simple moving average is $24.25. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year 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.