Concurrent Investment Advisors LLC Purchases 12,717 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Concurrent Investment Advisors LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 145.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,456 shares of the company’s stock after purchasing an additional 12,717 shares during the period. Concurrent Investment Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $516,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kennebec Savings Bank bought a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $26,000. Golden State Wealth Management LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at $26,000. Spire Wealth Management increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% in the 4th quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock valued at $29,000 after acquiring an additional 612 shares during the period. Sound Income Strategies LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 213.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock valued at $31,000 after acquiring an additional 864 shares during the period. Finally, Hendershot Investments Inc. increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 185.4% in the 4th quarter. Hendershot Investments Inc. now owns 1,270 shares of the company’s stock valued at $31,000 after acquiring an additional 825 shares during the period.

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

Shares of NYSEARCA:SCHO opened at $24.22 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $23.85 and a 12-month high of $24.53. The business’s fifty day simple moving average is $24.15 and its 200-day simple moving average is $24.25.

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.