Modera Wealth Management LLC Grows Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Modera Wealth Management LLC grew its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 103.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 10,584 shares of the company’s stock after purchasing an additional 5,383 shares during the period. Modera Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $255,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Independent Solutions Wealth Management LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 15.5% during the 3rd quarter. Independent Solutions Wealth Management LLC now owns 104,707 shares of the company’s stock valued at $5,129,000 after buying an additional 14,036 shares during the period. Apella Capital LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 72.1% in the 4th quarter. Apella Capital LLC now owns 782,878 shares of the company’s stock worth $18,836,000 after acquiring an additional 327,916 shares during the last quarter. Synovus Financial Corp boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 64.0% during the 3rd quarter. Synovus Financial Corp now owns 14,514 shares of the company’s stock worth $711,000 after purchasing an additional 5,662 shares during the period. World Investment Advisors LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.3% during the 3rd quarter. World Investment Advisors LLC now owns 346,995 shares of the company’s stock worth $16,996,000 after purchasing an additional 4,295 shares during the period. Finally, Hendershot Investments Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 185.4% during the 4th quarter. Hendershot Investments Inc. now owns 1,270 shares of the company’s stock valued at $31,000 after purchasing an additional 825 shares during the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.24 on Thursday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.53. The firm has a 50-day simple moving average of $24.17 and a two-hundred day simple moving average of $24.25.

Schwab Short-Term U.S. Treasury ETF 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.