Tradition Wealth Management LLC Cuts Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Tradition Wealth Management LLC cut its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 68.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,136 shares of the company’s stock after selling 61,894 shares during the quarter. Tradition Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $677,000 as of its most recent SEC filing.

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

Schwab Short-Term U.S. Treasury ETF Trading Up 0.0 %

SCHO opened at $24.36 on Monday. The business’s 50-day moving average is $24.27 and its two-hundred day moving average is $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.

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.