Farther Finance Advisors LLC Purchases 164,152 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Farther Finance Advisors LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 65.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 416,783 shares of the company’s stock after acquiring an additional 164,152 shares during the period. Farther Finance Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $10,028,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Savvy Advisors Inc. boosted its position in shares of 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 valued at $1,133,000 after acquiring an additional 430 shares during the last quarter. Islay Capital Management LLC lifted its position in 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 last quarter. BNP Paribas grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 4.1% in the 3rd quarter. BNP Paribas now owns 13,466 shares of the company’s stock worth $660,000 after buying an additional 528 shares in the last quarter. Kennebec Savings Bank bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth about $26,000. Finally, Smartleaf Asset Management LLC raised its position in shares of 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 valued at $28,000 after buying an additional 591 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.27 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 business’s 50 day moving average is $24.19 and its two-hundred 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.