Wealthcare Advisory Partners LLC Purchases New Shares in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Wealthcare Advisory Partners LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the fourth quarter, Holdings Channel.com reports. The firm acquired 7,101 shares of the company’s stock, valued at approximately $344,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealthfront Advisers LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 583.8% during the 3rd quarter. Wealthfront Advisers LLC now owns 2,412,867 shares of the company’s stock worth $115,552,000 after purchasing an additional 2,060,004 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 64.5% during the third quarter. PNC Financial Services Group Inc. now owns 1,398,819 shares of the company’s stock valued at $66,989,000 after acquiring an additional 548,650 shares during the last quarter. Toroso Investments LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at approximately $23,517,000. Financial Counselors Inc. acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter worth approximately $22,196,000. Finally, GTS Securities LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 1,284.1% in the 3rd quarter. GTS Securities LLC now owns 406,523 shares of the company’s stock valued at $19,468,000 after purchasing an additional 377,152 shares during the last quarter.

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

Shares of SCHO stock opened at $47.97 on Friday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $47.65 and a fifty-two week high of $48.88. The stock’s fifty day moving average is $48.01 and its two-hundred day moving average is $48.15.

Schwab Short-Term U.S. Treasury ETF Company 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.