Sequoia Financial Advisors LLC Purchases 69,833 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Sequoia Financial Advisors LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 257.4% in the second quarter, HoldingsChannel reports. The firm owned 96,967 shares of the company’s stock after buying an additional 69,833 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,341,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. MCF Advisors LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 60.8% during the second quarter. MCF Advisors LLC now owns 4,431,584 shares of the company’s stock valued at $106,978,000 after buying an additional 1,676,213 shares during the last quarter. Capital Analysts LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 20.5% during the 2nd quarter. Capital Analysts LLC now owns 6,804 shares of the company’s stock valued at $164,000 after purchasing an additional 1,156 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 15.3% during the second quarter. Integrated Wealth Concepts LLC now owns 297,944 shares of the company’s stock valued at $7,192,000 after purchasing an additional 39,494 shares in the last quarter. RFG Advisory LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 9.4% in the second quarter. RFG Advisory LLC now owns 9,926 shares of the company’s stock worth $240,000 after purchasing an additional 855 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 31.0% in the second quarter. NewEdge Advisors LLC now owns 190,099 shares of the company’s stock worth $4,589,000 after purchasing an additional 45,012 shares during the last quarter.

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

NYSEARCA:SCHO opened at $23.92 on Monday. The business’s 50-day moving average is $24.06 and its 200 day moving average is $24.15. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.91 and a 12 month high of $24.46.

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.