Valmark Advisers Inc. Buys 15,490 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Valmark Advisers Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 83.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,993 shares of the company’s stock after buying an additional 15,490 shares during the period. Valmark Advisers Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,647,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Sei Investments Co. raised its holdings in Schwab Short-Term U.S. Treasury ETF by 3.3% during the third quarter. Sei Investments Co. now owns 6,669,027 shares of the company’s stock valued at $319,379,000 after buying an additional 211,108 shares in the last quarter. Wealthfront Advisers LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 583.8% in the third quarter. Wealthfront Advisers LLC now owns 2,412,867 shares of the company’s stock valued at $115,552,000 after purchasing an additional 2,060,004 shares during the last quarter. Stifel Financial Corp grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 1.6% in the third quarter. Stifel Financial Corp now owns 2,312,242 shares of the company’s stock valued at $110,734,000 after purchasing an additional 37,402 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 64.5% in 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 purchasing an additional 548,650 shares during the last quarter. Finally, Pacific Sage Partners LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 0.6% in the third quarter. Pacific Sage Partners LLC now owns 1,348,867 shares of the company’s stock valued at $64,597,000 after purchasing an additional 8,058 shares during the last quarter.

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

Shares of NYSEARCA:SCHO remained flat at $47.88 during midday trading on Friday. The stock had a trading volume of 861,509 shares, compared to its average volume of 1,754,386. The stock’s fifty day moving average is $48.07 and its 200 day moving average is $48.14. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $47.65 and a 12 month high of $48.98.

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.