United Capital Financial Advisors LLC Acquires 17,054 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

United Capital Financial Advisors LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 101.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,941 shares of the company’s stock after purchasing an additional 17,054 shares during the quarter. United Capital Financial Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $817,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SCHO. JPMorgan Chase & Co. increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 138.3% in the fourth quarter. JPMorgan Chase & Co. now owns 20,762,162 shares of the company’s stock valued at $499,538,000 after acquiring an additional 12,048,633 shares during the period. Sei Investments Co. lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 109.8% in the 4th quarter. Sei Investments Co. now owns 16,267,808 shares of the company’s stock worth $391,403,000 after buying an additional 8,514,242 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 162.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,207,855 shares of the company’s stock valued at $173,421,000 after buying an additional 4,457,169 shares during the period. MCF Advisors LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 133.5% during the fourth quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock valued at $70,477,000 after acquiring an additional 1,674,798 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 95.6% in the fourth quarter. LPL Financial LLC now owns 3,361,106 shares of the company’s stock valued at $80,868,000 after acquiring an additional 1,642,412 shares in the last quarter.

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

SCHO stock opened at $24.36 on Friday. The firm has a 50-day moving average of $24.27 and a 200 day moving average of $24.22. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.54.

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.