Worth Asset Management LLC Makes New Investment in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Worth Asset Management LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 15,225 shares of the company’s stock, valued at approximately $366,000.

A number of other hedge funds have also modified their holdings of SCHO. Diversified Trust Co lifted its position in Schwab Short-Term U.S. Treasury ETF by 93.9% in the fourth quarter. Diversified Trust Co now owns 88,756 shares of the company’s stock valued at $2,135,000 after buying an additional 42,984 shares during the last quarter. Bangor Savings Bank lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 109.2% in the 4th quarter. Bangor Savings Bank now owns 1,666,108 shares of the company’s stock worth $40,087,000 after acquiring an additional 869,727 shares during the last quarter. Kings Path Partners LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 136.3% during the 4th quarter. Kings Path Partners LLC now owns 10,820 shares of the company’s stock worth $260,000 after purchasing an additional 6,241 shares during the period. Versant Capital Management Inc increased its holdings in Schwab Short-Term U.S. Treasury ETF by 83.7% in the 4th quarter. Versant Capital Management Inc now owns 16,914 shares of the company’s stock valued at $407,000 after purchasing an additional 7,705 shares during the last quarter. Finally, Independent Solutions Wealth Management LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 15.5% in the third quarter. Independent Solutions Wealth Management LLC now owns 104,707 shares of the company’s stock valued at $5,129,000 after purchasing an additional 14,036 shares during the period.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.0 %

Shares of SCHO traded up $0.01 during midday trading on Wednesday, hitting $24.14. 778,428 shares of the stock were exchanged, compared to its average volume of 2,185,786. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.85 and a 52-week high of $24.53. The stock has a fifty day simple moving average of $24.16 and a 200 day simple moving average of $24.24.

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.