Dover Advisors LLC Buys 47,440 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Dover Advisors LLC grew its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 43.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,860 shares of the company’s stock after acquiring an additional 47,440 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for 1.5% of Dover Advisors LLC’s holdings, making the stock its 14th biggest holding. Dover Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $3,823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Rice Partnership LLC bought a new position in Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth about $82,000. Natixis Advisors LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 8.7% in the 4th quarter. Natixis Advisors LLC now owns 19,246 shares of the company’s stock worth $469,000 after acquiring an additional 1,538 shares in the last quarter. Root Financial Partners LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 3,590.9% in the 4th quarter. Root Financial Partners LLC now owns 9,375 shares of the company’s stock worth $228,000 after acquiring an additional 9,121 shares in the last quarter. Cogent Private Wealth Inc. bought a new position in Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth about $236,000. Finally, Sage Investment Advisers LLC bought a new position in Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth about $2,254,000.

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

Shares of SCHO stock opened at $24.10 on Wednesday. The company’s 50-day simple moving average is $24.20 and its two-hundred day simple moving average is $24.31. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.08 and a one year 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.