Elmwood Wealth Management Inc. Buys 24,019 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Elmwood Wealth Management Inc. increased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 100.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 48,038 shares of the company’s stock after acquiring an additional 24,019 shares during the period. Elmwood Wealth Management Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,156,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Hart & Patterson Financial Group LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 1.4% during the 3rd quarter. Hart & Patterson Financial Group LLC now owns 27,454 shares of the company’s stock valued at $1,345,000 after buying an additional 374 shares during the last quarter. Lummis Asset Management LP raised its stake in Schwab Short-Term U.S. Treasury ETF by 1.1% during the 2nd quarter. Lummis Asset Management LP now owns 37,479 shares of the company’s stock valued at $1,804,000 after buying an additional 397 shares during the last quarter. Lauterbach Financial Advisors LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 8.6% during the 2nd quarter. Lauterbach Financial Advisors LLC now owns 5,307 shares of the company’s stock valued at $259,000 after buying an additional 422 shares during the last quarter. Savvy Advisors Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF by 1.9% during the 3rd quarter. Savvy Advisors Inc. now owns 23,138 shares of the company’s stock valued at $1,133,000 after buying an additional 430 shares during the last quarter. Finally, Princeton Global Asset Management LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 1.3% during the 3rd quarter. Princeton Global Asset Management LLC now owns 32,927 shares of the company’s stock valued at $1,613,000 after buying an additional 436 shares during the last quarter.

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

SCHO remained flat at $24.10 during mid-day trading on Monday. 1,671,674 shares of the company’s stock were exchanged, compared to its average volume of 2,400,706. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.85 and a 1-year high of $24.53. The stock’s 50-day moving average is $24.16 and its two-hundred day moving average is $24.25.

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.