Schwab Short-Term U.S. Treasury ETF $SCHO Position Lowered by Cetera Investment Advisers

Cetera Investment Advisers reduced its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 23.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 804,911 shares of the company’s stock after selling 249,561 shares during the period. Cetera Investment Advisers’ holdings in Schwab Short-Term U.S. Treasury ETF were worth $19,535,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 25.7% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 2,107 shares of the company’s stock worth $51,000 after buying an additional 431 shares during the last quarter. Bank of Marin grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 0.5% in the 4th quarter. Bank of Marin now owns 81,095 shares of the company’s stock worth $1,976,000 after acquiring an additional 432 shares in the last quarter. Diversified Trust Co increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 0.6% in the 1st quarter. Diversified Trust Co now owns 70,165 shares of the company’s stock valued at $1,703,000 after acquiring an additional 444 shares during the last quarter. Sherman Asset Management Inc. increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.2% in the 2nd quarter. Sherman Asset Management Inc. now owns 38,821 shares of the company’s stock valued at $946,000 after acquiring an additional 464 shares during the last quarter. Finally, Altfest L J & Co. Inc. increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.6% in the 4th quarter. Altfest L J & Co. Inc. now owns 30,311 shares of the company’s stock valued at $739,000 after acquiring an additional 480 shares during the last quarter.

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

SCHO stock opened at $24.06 on Tuesday. The stock’s 50 day simple moving average is $24.10 and its 200 day simple moving average is $24.23. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.03 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.