Wedmont Private Capital Acquires New Shares in Schwab Short-Term U.S. Treasury ETF $SCHO

Wedmont Private Capital bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 43,635 shares of the company’s stock, valued at approximately $1,063,000.

Several other large investors have also modified their holdings of SCHO. McLean Asset Management Corp grew its holdings in Schwab Short-Term U.S. Treasury ETF by 35.3% in the third quarter. McLean Asset Management Corp now owns 124,871 shares of the company’s stock worth $3,039,000 after purchasing an additional 32,590 shares during the last quarter. Stephens Group Asset Management LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 10.9% in the 3rd quarter. Stephens Group Asset Management LLC now owns 2,081,846 shares of the company’s stock worth $50,797,000 after purchasing an additional 205,178 shares in the last quarter. Team Financial Group LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 16.0% in the 3rd quarter. Team Financial Group LLC now owns 23,800 shares of the company’s stock worth $581,000 after purchasing an additional 3,277 shares in the last quarter. ARS Wealth Advisors Group LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 2.2% during the 3rd quarter. ARS Wealth Advisors Group LLC now owns 37,803 shares of the company’s stock worth $922,000 after buying an additional 824 shares during the last quarter. Finally, SMI Advisory Services LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 0.8% during the 3rd quarter. SMI Advisory Services LLC now owns 360,722 shares of the company’s stock valued at $8,787,000 after buying an additional 2,700 shares in the last quarter.

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

Shares of SCHO stock opened at $24.34 on Friday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.06 and a fifty-two week high of $24.47. The stock’s 50-day simple moving average is $24.39 and its 200-day simple moving average is $24.35.

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.