Sheets Smith Wealth Management Acquires 70,674 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Sheets Smith Wealth Management boosted its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 89.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 149,314 shares of the company’s stock after purchasing an additional 70,674 shares during the quarter. Sheets Smith Wealth Management owned 0.07% of Schwab Short-Term U.S. Treasury ETF worth $3,592,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SCHO. Jane Street Group LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth $423,782,000. Stifel Financial Corp boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 4.4% in the 3rd quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock valued at $146,894,000 after purchasing an additional 127,669 shares in the last quarter. MCF Advisors LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 133.5% during the fourth quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock valued at $70,477,000 after acquiring an additional 1,674,798 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 15,996.5% during the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock worth $127,921,000 after purchasing an additional 2,591,761 shares during the period. Finally, West Coast Financial LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 162.2% in the fourth quarter. West Coast Financial LLC now owns 2,457,475 shares of the company’s stock worth $59,127,000 after purchasing an additional 1,520,253 shares during the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.19 on Wednesday. The stock’s 50-day moving average is $24.15 and its 200 day moving average is $24.25. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.53.

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.