Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Sold by Dravo Bay LLC

Dravo Bay LLC reduced its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,949 shares of the company’s stock after selling 1,807 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises 0.8% of Dravo Bay LLC’s portfolio, making the stock its 26th largest position. Dravo Bay LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,160,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Family Asset Management LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 40.9% in the fourth quarter. Family Asset Management LLC now owns 36,266 shares of the company’s stock worth $1,757,000 after buying an additional 10,523 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at about $344,000. Avidian Wealth Solutions LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 11.0% during the fourth quarter. Avidian Wealth Solutions LLC now owns 397,812 shares of the company’s stock worth $19,274,000 after purchasing an additional 39,460 shares during the last quarter. First National Trust Co grew its stake in Schwab Short-Term U.S. Treasury ETF by 6.1% in the fourth quarter. First National Trust Co now owns 293,952 shares of the company’s stock worth $14,242,000 after purchasing an additional 16,777 shares in the last quarter. Finally, Signature Resources Capital Management LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF in the fourth quarter worth about $110,000.

Schwab Short-Term U.S. Treasury ETF Stock Up 0.0 %

SCHO stock traded up $0.01 during trading on Wednesday, hitting $47.92. 762,686 shares of the company’s stock traded hands, compared to its average volume of 1,684,583. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $47.65 and a 52 week high of $48.88. The stock has a fifty day moving average price of $48.02 and a two-hundred day moving average price of $48.15.

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.