Clear Retirement Advice LLC Makes New $14.35 Million Investment in Schwab Short-Term U.S. Treasury ETF $SCHO

Clear Retirement Advice LLC bought a new position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 588,651 shares of the company’s stock, valued at approximately $14,345,000. Schwab Short-Term U.S. Treasury ETF accounts for 11.3% of Clear Retirement Advice LLC’s portfolio, making the stock its largest position. Clear Retirement Advice LLC owned approximately 0.12% of Schwab Short-Term U.S. Treasury ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE lifted its position in Schwab Short-Term U.S. Treasury ETF by 3.2% in the fourth quarter. Bank of America Corp DE now owns 122,501,159 shares of the company’s stock valued at $2,985,353,000 after purchasing an additional 3,835,325 shares during the period. Ameriprise Financial Inc. boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 5.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after purchasing an additional 1,237,815 shares in the last quarter. JPMorgan Chase & Co. increased its position in Schwab Short-Term U.S. Treasury ETF by 6.9% during the 4th quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock worth $514,393,000 after purchasing an additional 1,357,429 shares during the period. Sei Investments Co. increased its position in Schwab Short-Term U.S. Treasury ETF by 3.4% during the 3rd quarter. Sei Investments Co. now owns 17,596,729 shares of the company’s stock worth $429,361,000 after purchasing an additional 570,536 shares during the period. Finally, Valpey Financial Services LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2,499.8% during the 4th quarter. Valpey Financial Services LLC now owns 5,246,793 shares of the company’s stock worth $127,864,000 after buying an additional 5,044,981 shares in the last quarter.

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

Shares of SCHO stock opened at $24.10 on Friday. The stock has a 50 day simple moving average of $24.17 and a 200-day simple moving average of $24.28. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.06 and a 12-month high of $24.46.

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.