Wealthspire Advisors LLC Grows Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Wealthspire Advisors LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 12.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,501 shares of the company’s stock after purchasing an additional 3,528 shares during the period. Wealthspire Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,526,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Wealthfront Advisers LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 583.8% during 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 period. Clearwater Capital Advisors LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 95.2% during the 4th quarter. Clearwater Capital Advisors LLC now owns 1,613,749 shares of the company’s stock worth $78,186,000 after acquiring an additional 787,113 shares during the period. PNC Financial Services Group Inc. increased its holdings in Schwab Short-Term U.S. Treasury ETF by 64.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,398,819 shares of the company’s stock worth $66,989,000 after acquiring an additional 548,650 shares during the last quarter. Toroso Investments LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at about $23,517,000. Finally, Financial Counselors Inc. bought a new stake in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at about $22,196,000.

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

NYSEARCA:SCHO traded up $0.05 on Thursday, reaching $47.97. 1,372,232 shares of the company’s stock were exchanged, compared to its average volume of 1,681,113. The stock has a fifty day simple moving average of $48.02 and a 200-day simple moving average of $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.

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.