Envestnet Asset Management Inc. Cuts Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Envestnet Asset Management Inc. decreased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) by 5.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,835,633 shares of the company’s stock after selling 154,834 shares during the quarter. Envestnet Asset Management Inc. owned 1.09% of Schwab Short-Term U.S. Treasury ETF worth $137,386,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.2% during the third quarter. Avantax Advisory Services Inc. now owns 11,930 shares of the company’s stock worth $571,000 after buying an additional 254 shares during the period. Spire Wealth Management boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 56.8% during the third quarter. Spire Wealth Management now owns 961 shares of the company’s stock worth $46,000 after buying an additional 348 shares during the period. HighTower Advisors LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 113.5% during the third quarter. HighTower Advisors LLC now owns 156,428 shares of the company’s stock worth $7,511,000 after buying an additional 83,146 shares during the period. Blair William & Co. IL boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 8.7% during the third quarter. Blair William & Co. IL now owns 28,779 shares of the company’s stock worth $1,378,000 after buying an additional 2,306 shares during the period. Finally, Valley Forge Investment Consultants Inc. ADV boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 38.4% during the third quarter. Valley Forge Investment Consultants Inc. ADV now owns 11,968 shares of the company’s stock worth $573,000 after buying an additional 3,323 shares during the period.

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

NYSEARCA SCHO opened at $47.88 on Friday. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $47.65 and a 52-week high of $48.65. The firm has a 50-day moving average price of $47.93 and a 200 day moving average price of $48.16.

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.

See Also

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

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