Inspire Advisors LLC Has $3.26 Million Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Inspire Advisors LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 75.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 133,561 shares of the company’s stock after acquiring an additional 57,443 shares during the period. Inspire Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $3,256,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 227.2% in the fourth quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after purchasing an additional 12,810 shares during the period. Bank of New York Mellon Corp grew its stake in Schwab Short-Term U.S. Treasury ETF by 361.0% in the 1st quarter. Bank of New York Mellon Corp now owns 186,561 shares of the company’s stock valued at $4,541,000 after buying an additional 146,092 shares during the last quarter. Cerity Partners LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 3.6% in the 1st quarter. Cerity Partners LLC now owns 61,720 shares of the company’s stock worth $1,502,000 after acquiring an additional 2,118 shares during the period. Kingsview Wealth Management LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 6.3% in the 1st quarter. Kingsview Wealth Management LLC now owns 41,876 shares of the company’s stock worth $1,019,000 after acquiring an additional 2,493 shares during the period. Finally, Kestra Private Wealth Services LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 13.0% during the 1st quarter. Kestra Private Wealth Services LLC now owns 176,143 shares of the company’s stock worth $4,287,000 after acquiring an additional 20,267 shares during the last quarter.

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

SCHO stock opened at $24.36 on Tuesday. The company has a 50-day moving average of $24.39 and a two-hundred day moving average of $24.33. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.06 and a 52-week high of $24.47.

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.