Inspire Advisors LLC Trims Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Inspire Advisors LLC lessened its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 67.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 43,099 shares of the company’s stock after selling 90,462 shares during the quarter. Inspire Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,052,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. GSB Wealth Management LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 95.9% in the 2nd quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock valued at $33,000 after buying an additional 654 shares during the period. Blue Trust Inc. increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 57.4% during the second 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. AllSquare Wealth Management LLC raised its stake in shares of 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 in the last quarter. Fortitude Family Office LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the second quarter valued at $106,000. Finally, Morling Financial Advisors LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 383.5% during the 2nd quarter. Morling Financial Advisors LLC now owns 4,932 shares of the company’s stock worth $120,000 after purchasing an additional 3,912 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.36 on Tuesday. The stock’s 50-day moving average is $24.37 and its two-hundred day moving average is $24.36. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.10 and a 1-year high of $24.47.

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.