FLC Capital Advisors Has $37.22 Million Position in Schwab Short-Term U.S. Treasury ETF $SCHO

FLC Capital Advisors increased its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.8% during the third quarter, Holdings Channel reports. The firm owned 1,525,261 shares of the company’s stock after acquiring an additional 70,448 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up approximately 7.2% of FLC Capital Advisors’ investment portfolio, making the stock its biggest position. FLC Capital Advisors’ holdings in Schwab Short-Term U.S. Treasury ETF were worth $37,216,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GSB Wealth Management LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 95.9% during the second quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock worth $33,000 after buying an additional 654 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 57.4% during the 2nd quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock worth $52,000 after acquiring an additional 783 shares during the period. Grove Bank & Trust acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 2nd quarter worth approximately $61,000. AllSquare Wealth Management LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 183.3% in the second quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock valued at $75,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new position in Schwab Short-Term U.S. Treasury ETF in the second quarter valued at approximately $106,000.

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

NYSEARCA SCHO opened at $24.35 on Monday. The business has a fifty day moving average price of $24.38 and a two-hundred day moving average price of $24.35. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.06 and a fifty-two week high of $24.47.

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.