Sheets Smith Wealth Management Lowers Stock Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Sheets Smith Wealth Management lessened its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 77,998 shares of the company’s stock after selling 612 shares during the period. Sheets Smith Wealth Management’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $3,779,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHO. Toronto Dominion Bank purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $38,000. Howe & Rusling Inc. purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at approximately $42,000. Spire Wealth Management increased its position in Schwab Short-Term U.S. Treasury ETF by 56.8% during the 3rd quarter. Spire Wealth Management now owns 961 shares of the company’s stock worth $46,000 after purchasing an additional 348 shares during the period. Fortitude Family Office LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth approximately $71,000. Finally, Financial Gravity Asset Management Inc. lifted its holdings in shares of 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 period.

Schwab Short-Term U.S. Treasury ETF Stock Up 0.1 %

Shares of Schwab Short-Term U.S. Treasury ETF stock traded up $0.07 during trading on Friday, reaching $47.93. The company’s stock had a trading volume of 1,029,679 shares, compared to its average volume of 1,715,022. The business has a 50 day moving average price of $48.03 and a 200-day moving average price of $48.15. 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 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.