Family Asset Management LLC Purchases 10,523 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Family Asset Management LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 40.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 36,266 shares of the company’s stock after purchasing an additional 10,523 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for approximately 1.2% of Family Asset Management LLC’s holdings, making the stock its 19th largest position. Family Asset Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,757,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHO. Western Wealth Management LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 69.1% during the fourth quarter. Western Wealth Management LLC now owns 26,230 shares of the company’s stock worth $1,271,000 after purchasing an additional 10,720 shares during the period. Stifel Financial Corp lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.6% during the 3rd quarter. Stifel Financial Corp now owns 2,312,242 shares of the company’s stock worth $110,734,000 after buying an additional 37,402 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings 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 buying an additional 2,060,004 shares during the period. Financial Gravity Asset Management Inc. grew its stake in Schwab Short-Term U.S. Treasury ETF by 3,381.3% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,671 shares of the company’s stock valued at $80,000 after buying an additional 1,623 shares during the last quarter. Finally, OneAscent Financial Services LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 22.5% in the 4th quarter. OneAscent Financial Services LLC now owns 5,228 shares of the company’s stock valued at $253,000 after acquiring an additional 959 shares during the period.

Schwab Short-Term U.S. Treasury ETF Trading Down 0.0 %

SCHO stock traded down $0.02 during mid-day trading on Monday, hitting $47.91. 906,386 shares of the company were exchanged, compared to its average volume of 1,705,726. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $47.65 and a 1-year high of $48.88. The business has a 50 day simple moving average of $48.03 and a 200-day simple moving average of $48.15.

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.