Financial Counselors Inc. Increases Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Financial Counselors Inc. raised its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 118.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,153,083 shares of the company’s stock after buying an additional 624,920 shares during the period. Financial Counselors Inc. owned about 0.53% of Schwab Short-Term U.S. Treasury ETF worth $27,743,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. OLD Point Trust & Financial Services N A acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth approximately $25,000. Kennebec Savings Bank raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Kennebec Savings Bank now owns 1,072 shares of the company’s stock valued at $26,000 after acquiring an additional 536 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at $26,000. Aspect Partners LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth $26,000. Finally, AllSquare Wealth Management LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 99.8% during the 4th quarter. AllSquare Wealth Management LLC now owns 1,091 shares of the company’s stock worth $26,000 after purchasing an additional 545 shares during the period.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.1 %

Shares of SCHO opened at $24.29 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.54. The stock has a 50-day simple moving average of $24.22 and a 200-day simple moving average of $24.24.

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.