Pillar Wealth Advisors LLC Decreases Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Pillar Wealth Advisors LLC lessened its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 7.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,282 shares of the company’s stock after selling 2,729 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up approximately 1.2% of Pillar Wealth Advisors LLC’s portfolio, making the stock its 21st largest position. Pillar Wealth Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,613,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHO. Commonwealth Equity Services LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 312.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 329,981 shares of the company’s stock worth $15,803,000 after purchasing an additional 250,058 shares during the last quarter. RMR Wealth Builders lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 8.1% during the 3rd quarter. RMR Wealth Builders now owns 45,016 shares of the company’s stock worth $2,156,000 after purchasing an additional 3,375 shares during the last quarter. Live Oak Private Wealth LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 18.5% during the 3rd quarter. Live Oak Private Wealth LLC now owns 11,947 shares of the company’s stock worth $572,000 after purchasing an additional 1,863 shares during the last quarter. Sentinel Pension Advisors Inc. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 13.8% during the 3rd quarter. Sentinel Pension Advisors Inc. now owns 9,745 shares of the company’s stock worth $467,000 after purchasing an additional 1,179 shares during the last quarter. Finally, RHS Financial LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 21.5% during the 3rd quarter. RHS Financial LLC now owns 19,060 shares of the company’s stock worth $913,000 after purchasing an additional 3,368 shares during the last quarter.

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

NYSEARCA:SCHO traded down $0.06 during midday trading on Tuesday, hitting $47.85. 783,474 shares of the company were exchanged, compared to its average volume of 1,730,300. The company has a fifty day simple moving average of $48.06 and a 200 day simple moving average of $48.15. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $47.65 and a fifty-two week high of $48.98.

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.