Independent Solutions Wealth Management LLC Raises Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Independent Solutions Wealth Management LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 72.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,488 shares of the company’s stock after buying an additional 75,781 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for 0.9% of Independent Solutions Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Independent Solutions Wealth Management LLC owned 0.08% of Schwab Short-Term U.S. Treasury ETF worth $4,343,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHO. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth $37,000. OLD Point Trust & Financial Services N A purchased a new stake in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth about $25,000. Aspect Partners LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth about $26,000. Kennebec Savings Bank increased its holdings in Schwab Short-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Kennebec Savings Bank now owns 1,072 shares of the company’s stock valued at $26,000 after buying an additional 536 shares in the last quarter. Finally, Golden State Wealth Management LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $26,000.

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

Shares of NYSEARCA:SCHO opened at $24.29 on Friday. The business’s 50 day simple moving average is $24.21 and its 200-day simple moving average is $24.24. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.85 and a 12 month high of $24.54.

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.