Valmark Advisers Inc. Buys New Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Valmark Advisers Inc. purchased a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the third quarter, according to its most recent filing with the SEC. The fund purchased 88,217 shares of the company’s stock, valued at approximately $2,105,000.

A number of other institutional investors have also made changes to their positions in SCHO. Birchbrook Inc. lifted its stake in Schwab Short-Term U.S. Treasury ETF by 2.5% during the second quarter. Birchbrook Inc. now owns 18,408 shares of the company’s stock worth $444,000 after purchasing an additional 448 shares during the last quarter. Myecfo LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 4.1% in the third quarter. Myecfo LLC now owns 12,663 shares of the company’s stock worth $302,000 after purchasing an additional 500 shares during the period. Allworth Financial LP increased its stake in Schwab Short-Term U.S. Treasury ETF by 0.4% during the third quarter. Allworth Financial LP now owns 127,052 shares of the company’s stock valued at $3,067,000 after purchasing an additional 519 shares during the last quarter. Enclave Advisors LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 3.6% during the third quarter. Enclave Advisors LLC now owns 16,265 shares of the company’s stock valued at $388,000 after purchasing an additional 564 shares during the last quarter. Finally, Titleist Asset Management LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 2.1% during the third quarter. Titleist Asset Management LLC now owns 28,510 shares of the company’s stock valued at $680,000 after purchasing an additional 578 shares during the last quarter.

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

Shares of NYSEARCA:SCHO remained flat at $23.85 on Friday. 3,227,034 shares of the company’s stock were exchanged, compared to its average volume of 4,140,463. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $23.79 and a 52 week high of $24.46. The business has a fifty day simple moving average of $23.91 and a 200-day simple moving average of $24.12.

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.