Trevian Wealth Management LLC Has $1.90 Million Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Trevian Wealth Management LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 99.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 77,975 shares of the company’s stock after purchasing an additional 38,894 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises 0.9% of Trevian Wealth Management LLC’s investment portfolio, making the stock its 17th biggest position. Trevian Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,900,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nations Financial Group Inc. IA ADV acquired a new position in Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $655,000. Allworth Financial LP raised its stake in Schwab Short-Term U.S. Treasury ETF by 21.2% in the third quarter. Allworth Financial LP now owns 147,567 shares of the company’s stock valued at $3,601,000 after purchasing an additional 25,830 shares in the last quarter. Ballast Advisors LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 9.4% in the third quarter. Ballast Advisors LLC now owns 623,769 shares of the company’s stock valued at $15,220,000 after purchasing an additional 53,596 shares in the last quarter. First Financial Group Corp raised its stake in Schwab Short-Term U.S. Treasury ETF by 100.2% in the third quarter. First Financial Group Corp now owns 55,490 shares of the company’s stock valued at $1,354,000 after purchasing an additional 27,770 shares in the last quarter. Finally, Access Financial Services Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF by 2.6% in the fourth quarter. Access Financial Services Inc. now owns 1,381,585 shares of the company’s stock valued at $33,669,000 after purchasing an additional 34,836 shares in the last quarter.

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

SCHO stock opened at $24.15 on Friday. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $24.13 and a 52 week high of $24.46. The business has a 50-day simple moving average of $24.24 and a 200 day simple moving average of $24.33.

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.