Pasadena Private Wealth LLC Has $4.71 Million Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Pasadena Private Wealth LLC increased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 492.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 195,664 shares of the company’s stock after buying an additional 162,620 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for about 1.0% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 26th largest holding. Pasadena Private Wealth LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $4,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. 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. Wilmington Savings Fund Society FSB bought a new position in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth approximately $37,000. MidAtlantic Capital Management Inc. acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth approximately $49,000. Golden State Wealth Management LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth approximately $26,000. Finally, Spire Wealth Management grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock worth $29,000 after acquiring an additional 612 shares during the last quarter.

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

Shares of SCHO stock opened at $24.16 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.53. The firm’s fifty day simple moving average is $24.15 and its 200 day simple moving average is $24.26.

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.