Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Acquired by Red Tortoise LLC

Red Tortoise LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 104.7% in the fourth quarter, Holdings Channel reports. The firm owned 188,876 shares of the company’s stock after buying an additional 96,625 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises about 2.4% of Red Tortoise LLC’s portfolio, making the stock its 12th largest position. Red Tortoise LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $4,544,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF in the 2nd quarter worth approximately $800,000. Diversified Trust Co raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.8% during the third quarter. Diversified Trust Co now owns 45,772 shares of the company’s stock worth $2,242,000 after purchasing an additional 1,227 shares during the last quarter. McLean Asset Management Corp lifted its position in Schwab Short-Term U.S. Treasury ETF by 44.7% during the third quarter. McLean Asset Management Corp now owns 46,761 shares of the company’s stock valued at $2,273,000 after purchasing an additional 14,453 shares during the period. Bangor Savings Bank boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 1.2% in the third quarter. Bangor Savings Bank now owns 796,381 shares of the company’s stock valued at $39,007,000 after purchasing an additional 9,289 shares during the last quarter. Finally, MBM Wealth Consultants LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 33.9% during the 3rd quarter. MBM Wealth Consultants LLC now owns 202,919 shares of the company’s stock worth $9,939,000 after purchasing an additional 51,408 shares during the period.

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

Shares of SCHO stock opened at $24.24 on Monday. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.85 and a 52-week high of $24.53. The business has a 50-day simple moving average of $24.16 and a 200-day simple moving average of $24.26.

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.