HB Wealth Management LLC Sells 5,192 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

HB Wealth Management LLC reduced its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 45.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,350 shares of the company’s stock after selling 5,192 shares during the quarter. HB Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $306,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Evanson Asset Management LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 1.2% in the fourth quarter. Evanson Asset Management LLC now owns 18,888 shares of the company’s stock valued at $915,000 after buying an additional 220 shares in the last quarter. Econ Financial Services Corp grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.1% during the 4th quarter. Econ Financial Services Corp now owns 20,578 shares of the company’s stock valued at $997,000 after purchasing an additional 224 shares during the last quarter. Jackson Creek Investment Advisors LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 0.5% during the 4th quarter. Jackson Creek Investment Advisors LLC now owns 43,022 shares of the company’s stock worth $2,084,000 after purchasing an additional 231 shares in the last quarter. Win Advisors Inc. lifted its stake in Schwab Short-Term U.S. Treasury ETF by 2.8% in the 1st quarter. Win Advisors Inc. now owns 9,361 shares of the company’s stock valued at $451,000 after purchasing an additional 254 shares during the last quarter. Finally, Altfest L J & Co. Inc. boosted its position in Schwab Short-Term U.S. Treasury ETF by 2.1% in the first quarter. Altfest L J & Co. Inc. now owns 12,751 shares of the company’s stock valued at $615,000 after buying an additional 258 shares in the last quarter.

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

Shares of NYSEARCA SCHO traded up $0.08 during midday trading on Friday, reaching $48.10. 413,666 shares of the company were exchanged, compared to its average volume of 1,400,999. The stock’s 50-day moving average price is $47.99 and its 200-day moving average price is $48.14. Schwab Short-Term U.S. Treasury ETF has a one year low of $47.65 and a one year high of $48.65.

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.