Family Asset Management LLC Has $1.76 Million Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Family Asset Management LLC lifted its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 40.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,266 shares of the company’s stock after buying an additional 10,523 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises 1.2% of Family Asset Management LLC’s investment portfolio, making the stock its 19th largest holding. 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 reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Toronto Dominion Bank bought a new stake in Schwab Short-Term U.S. Treasury ETF in the third quarter worth approximately $38,000. Howe & Rusling Inc. acquired a new position in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth $42,000. Spire Wealth Management increased its position in Schwab Short-Term U.S. Treasury ETF by 56.8% during the third quarter. Spire Wealth Management now owns 961 shares of the company’s stock worth $46,000 after buying an additional 348 shares during the last quarter. Fortitude Family Office LLC bought a new position in Schwab Short-Term U.S. Treasury ETF during the fourth quarter valued at about $71,000. Finally, Financial Gravity Asset Management Inc. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 3,381.3% in the third quarter. Financial Gravity Asset Management Inc. now owns 1,671 shares of the company’s stock worth $80,000 after buying an additional 1,623 shares during the last quarter.

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

Shares of SCHO traded down $0.02 during trading hours on Monday, hitting $47.91. 906,386 shares of the company were exchanged, compared to its average volume of 1,705,726. The firm’s 50 day moving average is $48.03 and its 200-day moving average is $48.15. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $47.65 and a 52 week high of $48.88.

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.