Signature Estate & Investment Advisors LLC Reduces Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Signature Estate & Investment Advisors LLC trimmed its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 57.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,814 shares of the company’s stock after selling 15,784 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $288,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 227.2% during the 4th quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock worth $444,000 after purchasing an additional 12,810 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 6.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,318 shares of the company’s stock worth $422,000 after purchasing an additional 1,013 shares during the last quarter. Spinnaker Investment Group LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 14.2% during the 1st quarter. Spinnaker Investment Group LLC now owns 41,088 shares of the company’s stock worth $1,000,000 after purchasing an additional 5,103 shares during the last quarter. Diversified Portfolios Inc. grew its position in Schwab Short-Term U.S. Treasury ETF by 238.1% during the 1st quarter. Diversified Portfolios Inc. now owns 56,389 shares of the company’s stock worth $1,373,000 after purchasing an additional 39,711 shares during the last quarter. Finally, Eagle Strategies LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 19.3% during the 1st quarter. Eagle Strategies LLC now owns 41,246 shares of the company’s stock worth $1,004,000 after purchasing an additional 6,672 shares during the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.45 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.06 and a 1 year high of $24.47. The company’s fifty day moving average is $24.38 and its two-hundred day moving average is $24.32.

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.