FLC Capital Advisors Raises Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

FLC Capital Advisors boosted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,629,211 shares of the company’s stock after acquiring an additional 103,950 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up approximately 7.3% of FLC Capital Advisors’ holdings, making the stock its largest holding. FLC Capital Advisors owned approximately 0.33% of Schwab Short-Term U.S. Treasury ETF worth $39,704,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHO. Smartleaf Asset Management LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 235.4% during the third quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock valued at $25,000 after acquiring an additional 718 shares during the period. Dorato Capital Management acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the fourth quarter valued at approximately $26,000. Lowe Brockenbrough & Co. Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $30,000. Measured Wealth Private Client Group LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $41,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the fourth quarter valued at approximately $48,000.

Schwab Short-Term U.S. Treasury ETF Stock Down 0.2%

NYSEARCA SCHO opened at $24.06 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.06 and a 1-year high of $24.46. The stock’s 50 day moving average is $24.19 and its two-hundred day moving average is $24.30.

Schwab Short-Term U.S. Treasury ETF Company 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.