AE Wealth Management LLC Acquires New Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

AE Wealth Management LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,315 shares of the company’s stock, valued at approximately $208,000.

A number of other hedge funds have also bought and sold shares of the company. Vantage Financial Partners LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth about $3,271,000. Corient Private Wealth LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 62.9% in the fourth quarter. Corient Private Wealth LLC now owns 38,803 shares of the company’s stock valued at $1,880,000 after purchasing an additional 14,982 shares in the last quarter. Orion Portfolio Solutions LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 28.5% during the fourth quarter. Orion Portfolio Solutions LLC now owns 11,528 shares of the company’s stock valued at $558,000 after buying an additional 2,557 shares during the last quarter. Belpointe Asset Management LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 109.6% during the fourth quarter. Belpointe Asset Management LLC now owns 37,263 shares of the company’s stock worth $1,805,000 after buying an additional 19,489 shares in the last quarter. Finally, Exencial Wealth Advisors LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 83.7% in the 4th quarter. Exencial Wealth Advisors LLC now owns 11,738 shares of the company’s stock valued at $569,000 after buying an additional 5,348 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Stock Up 0.1 %

SCHO opened at $49.05 on Friday. The firm’s fifty day moving average price is $48.73 and its two-hundred day moving average price is $48.27. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $47.65 and a 1 year high of $49.07.

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.