D.B. Root & Company LLC Acquires 24,498 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

D.B. Root & Company LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 71.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,941 shares of the company’s stock after purchasing an additional 24,498 shares during the quarter. D.B. Root & Company LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Mutual Advisors LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 13.5% during the 4th quarter. Mutual Advisors LLC now owns 373,129 shares of the company’s stock worth $9,026,000 after purchasing an additional 44,316 shares during the period. SMI Advisory Services LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 94.7% during the 4th quarter. SMI Advisory Services LLC now owns 299,372 shares of the company’s stock valued at $7,215,000 after acquiring an additional 145,610 shares during the period. Independent Wealth Network Inc. raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 101.3% in the 4th quarter. Independent Wealth Network Inc. now owns 18,479 shares of the company’s stock worth $445,000 after purchasing an additional 9,299 shares during the period. Janney Montgomery Scott LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at approximately $392,000. Finally, Bartlett & CO. Wealth Management LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF by 121.6% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 15,231 shares of the company’s stock valued at $366,000 after purchasing an additional 8,359 shares during the last quarter.

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

NYSEARCA:SCHO opened at $24.17 on Thursday. The business has a fifty day simple moving average of $24.16 and a two-hundred day simple moving average of $24.25. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.53.

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.