Western Wealth Management LLC Acquires 34,676 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Western Wealth Management LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 118.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,922 shares of the company’s stock after purchasing an additional 34,676 shares during the quarter. Western Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,551,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Orographic Financial Advisors LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the first quarter valued at about $1,212,000. Royal Bank of Canada raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 0.5% in the first quarter. Royal Bank of Canada now owns 519,253 shares of the company’s stock valued at $12,602,000 after buying an additional 2,662 shares during the period. Waverly Advisors LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 73.4% during the 1st quarter. Waverly Advisors LLC now owns 1,521,242 shares of the company’s stock valued at $36,921,000 after buying an additional 643,713 shares during the last quarter. Cumberland Partners Ltd lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 26.7% during the first quarter. Cumberland Partners Ltd now owns 46,048 shares of the company’s stock valued at $1,118,000 after purchasing an additional 9,702 shares during the last quarter. Finally, Vivaldi Capital Management LP boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 2.3% in the 1st quarter. Vivaldi Capital Management LP now owns 555,616 shares of the company’s stock worth $13,485,000 after buying an additional 12,576 shares during the period.

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

Shares of SCHO stock opened at $24.10 on Friday. The company’s fifty day simple moving average is $24.10 and its two-hundred day simple moving average is $24.22. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.03 and a 1 year 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.