Schwab Short-Term U.S. Treasury ETF $SCHO Stock: Farrow Financial Inc. Boosts Holdings

Farrow Financial Inc. lifted its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 10.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 332,700 shares of the company’s stock after purchasing an additional 31,035 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for approximately 4.2% of Farrow Financial Inc.’s investment portfolio, making the stock its 7th biggest holding. Farrow Financial Inc. owned 0.05% of Schwab Short-Term U.S. Treasury ETF worth $7,938,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SCHO. NBT Bank N A NY increased its stake in Schwab Short-Term U.S. Treasury ETF by 5,325.0% in the 1st quarter. NBT Bank N A NY now owns 1,302 shares of the company’s stock valued at $32,000 after buying an additional 1,278 shares during the last quarter. Continuum Advisory LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the 2nd quarter worth about $38,000. Gilpin Wealth Management LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 48.2% during the 3rd quarter. Gilpin Wealth Management LLC now owns 2,075 shares of the company’s stock worth $50,000 after buying an additional 675 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth about $63,000. Finally, Provenance Wealth Advisors LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth about $91,000.

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

Shares of NYSEARCA SCHO opened at $23.93 on Wednesday. The business has a 50-day moving average of $23.93 and a 200-day moving average of $24.14. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.79 and a fifty-two week high of $24.46.

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.