Clear Retirement Advice LLC Invests $14.35 Million in Schwab Short-Term U.S. Treasury ETF $SCHO

Clear Retirement Advice LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 588,651 shares of the company’s stock, valued at approximately $14,345,000. Schwab Short-Term U.S. Treasury ETF makes up about 11.3% of Clear Retirement Advice LLC’s investment portfolio, making the stock its biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Smartleaf Asset Management LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 235.4% during the third quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock worth $25,000 after buying an additional 718 shares during the period. CIBC Private Wealth Group LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 138.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,031 shares of the company’s stock valued at $25,000 after acquiring an additional 599 shares during the period. Dorato Capital Management acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at approximately $26,000. Simplex Trading LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 5,315.0% during the 4th quarter. Simplex Trading LLC now owns 1,083 shares of the company’s stock valued at $26,000 after acquiring an additional 1,063 shares during the period. Finally, Gilpin Wealth Management LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth approximately $39,000.

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

SCHO opened at $24.10 on Friday. The stock’s 50 day simple moving average is $24.17 and its 200 day simple moving average is $24.28. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.06 and a 1-year high of $24.46.

About Schwab Short-Term U.S. Treasury ETF

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.