Strategic Financial Concepts LLC Acquires Shares of 33,443 Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Strategic Financial Concepts LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 33,443 shares of the company’s stock, valued at approximately $805,000.

Other hedge funds also recently made changes to their positions in the company. Independent Solutions Wealth Management LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 15.5% during the third quarter. Independent Solutions Wealth Management LLC now owns 104,707 shares of the company’s stock worth $5,129,000 after purchasing an additional 14,036 shares in the last quarter. Apella Capital LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 72.1% during the 4th quarter. Apella Capital LLC now owns 782,878 shares of the company’s stock worth $18,836,000 after buying an additional 327,916 shares in the last quarter. Synovus Financial Corp raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 64.0% during the 3rd quarter. Synovus Financial Corp now owns 14,514 shares of the company’s stock worth $711,000 after buying an additional 5,662 shares in the last quarter. World Investment Advisors LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.3% in the 3rd quarter. World Investment Advisors LLC now owns 346,995 shares of the company’s stock valued at $16,996,000 after buying an additional 4,295 shares during the period. Finally, Hendershot Investments Inc. boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 185.4% in the fourth quarter. Hendershot Investments Inc. now owns 1,270 shares of the company’s stock valued at $31,000 after buying an additional 825 shares in the last quarter.

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

NYSEARCA:SCHO opened at $24.16 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.53. The stock has a fifty day moving average price of $24.15 and a two-hundred day moving average price of $24.26.

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.