Bright Futures Wealth Management LLC. Has $1 Million Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Bright Futures Wealth Management LLC. grew its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 15.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,351 shares of the company’s stock after buying an additional 5,526 shares during the period. Bright Futures Wealth Management LLC.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,002,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHO. Kennebec Savings Bank bought a new position in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter worth about $26,000. Golden State Wealth Management LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the fourth quarter valued at approximately $26,000. Spire Wealth Management boosted its holdings in 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 valued at $29,000 after purchasing an additional 612 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 213.3% during the fourth quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock valued at $31,000 after purchasing an additional 864 shares in the last quarter. Finally, Hendershot Investments Inc. boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 185.4% during the fourth quarter. Hendershot Investments Inc. now owns 1,270 shares of the company’s stock valued at $31,000 after purchasing an additional 825 shares in the last quarter.

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

Shares of SCHO opened at $24.14 on Friday. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.53. The business’s 50 day simple moving average is $24.15 and its 200-day simple moving average 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.