SMI Advisory Services LLC Buys New Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

SMI Advisory Services LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 139,015 shares of the company’s stock, valued at approximately $6,653,000. Schwab Short-Term U.S. Treasury ETF comprises approximately 2.4% of SMI Advisory Services LLC’s portfolio, making the stock its 12th largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHO. Steward Partners Investment Advisory LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 467.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 511 shares of the company’s stock valued at $25,000 after acquiring an additional 421 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2,340.9% in the third quarter. Tower Research Capital LLC TRC now owns 537 shares of the company’s stock valued at $26,000 after buying an additional 515 shares during the last quarter. Guardian Wealth Advisors LLC NC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter valued at about $27,000. SOA Wealth Advisors LLC. purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $29,000. Finally, Toronto Dominion Bank purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $38,000.

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

Shares of NYSEARCA:SCHO traded up $0.06 on Wednesday, reaching $48.22. The company’s stock had a trading volume of 1,971,073 shares, compared to its average volume of 2,412,459. The stock’s 50-day moving average is $48.37 and its two-hundred day moving average is $48.09. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $47.65 and a 52-week high of $49.13.

Schwab Short-Term U.S. Treasury ETF Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding SCHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report).

Institutional Ownership by Quarter for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Receive News & Ratings for Schwab Short-Term U.S. Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Short-Term U.S. Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.