Tennessee Valley Asset Management Partners Sells 4,623 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Tennessee Valley Asset Management Partners trimmed its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 8.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 50,957 shares of the company’s stock after selling 4,623 shares during the period. Tennessee Valley Asset Management Partners’ holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,226,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Hart & Patterson Financial Group LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.4% during the 3rd quarter. Hart & Patterson Financial Group LLC now owns 27,454 shares of the company’s stock valued at $1,345,000 after acquiring an additional 374 shares during the last quarter. Savvy Advisors Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 1.9% during the third quarter. Savvy Advisors Inc. now owns 23,138 shares of the company’s stock valued at $1,133,000 after purchasing an additional 430 shares during the period. Princeton Global Asset Management LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 1.3% in the third quarter. Princeton Global Asset Management LLC now owns 32,927 shares of the company’s stock worth $1,613,000 after purchasing an additional 436 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in Schwab Short-Term U.S. Treasury ETF by 3.9% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 12,436 shares of the company’s stock worth $609,000 after purchasing an additional 467 shares during the period. Finally, Beacon Financial Advisory LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 1.9% during the 3rd quarter. Beacon Financial Advisory LLC now owns 26,586 shares of the company’s stock valued at $1,302,000 after buying an additional 485 shares during the last quarter.

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

NYSEARCA SCHO opened at $24.20 on Monday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.85 and a 1-year high of $24.53. The business’s fifty day moving average price is $24.16 and its 200-day moving average price is $24.26.

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.