Wealthfront Advisers LLC Reduces Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Wealthfront Advisers LLC lowered its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) by 26.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 2,978,594 shares of the company’s stock after selling 1,098,731 shares during the quarter. Wealthfront Advisers LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $72,290,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Measured Wealth Private Client Group LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 25.7% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 2,107 shares of the company’s stock valued at $51,000 after buying an additional 431 shares during the last quarter. Bank of Marin boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 0.5% during the fourth quarter. Bank of Marin now owns 81,095 shares of the company’s stock valued at $1,976,000 after purchasing an additional 432 shares during the period. Diversified Trust Co boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 0.6% during the first quarter. Diversified Trust Co now owns 70,165 shares of the company’s stock valued at $1,703,000 after purchasing an additional 444 shares during the period. Sherman Asset Management Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.2% in the second quarter. Sherman Asset Management Inc. now owns 38,821 shares of the company’s stock worth $946,000 after purchasing an additional 464 shares during the last quarter. Finally, Altfest L J & Co. Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.6% in the fourth quarter. Altfest L J & Co. Inc. now owns 30,311 shares of the company’s stock worth $739,000 after purchasing an additional 480 shares during the last quarter.

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

Shares of SCHO stock opened at $24.10 on Thursday. The company’s 50-day simple moving average is $24.12 and its two-hundred day simple moving average is $24.25. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.04 and a one year high of $24.46.

Schwab Short-Term U.S. Treasury ETF Company 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.

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

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