Lederer & Associates Investment Counsel CA Has $428,000 Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Lederer & Associates Investment Counsel CA raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 105.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,770 shares of the company’s stock after purchasing an additional 9,124 shares during the period. Lederer & Associates Investment Counsel CA’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $428,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kennebec Savings Bank bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $26,000. Spire Wealth Management boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock valued at $29,000 after acquiring an additional 612 shares during the period. Sound Income Strategies LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 213.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock valued at $31,000 after acquiring an additional 864 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $37,000. Finally, Davis Capital Management boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 78.5% in the fourth quarter. Davis Capital Management now owns 1,992 shares of the company’s stock valued at $48,000 after acquiring an additional 876 shares during the period.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.24 on Monday. The firm has a 50-day moving average of $24.16 and a 200-day moving average of $24.26. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.85 and a 52-week high of $24.53.

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.