Sequoia Financial Advisors LLC Boosts Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Sequoia Financial Advisors LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 71.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 34,768 shares of the company’s stock after acquiring an additional 14,460 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $837,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jane Street Group LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at about $423,782,000. Bank of Montreal Can raised its position in Schwab Short-Term U.S. Treasury ETF by 15,996.5% during the 3rd quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock valued at $127,921,000 after purchasing an additional 2,591,761 shares during the last quarter. MCF Advisors LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 133.5% during the 4th quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock valued at $70,477,000 after purchasing an additional 1,674,798 shares during the last quarter. West Coast Financial LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 162.2% during the 4th quarter. West Coast Financial LLC now owns 2,457,475 shares of the company’s stock valued at $59,127,000 after purchasing an additional 1,520,253 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in Schwab Short-Term U.S. Treasury ETF by 92.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,518,362 shares of the company’s stock valued at $60,592,000 after purchasing an additional 1,210,645 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Stock Down 0.2 %

SCHO opened at $24.25 on Monday. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.54. The business has a 50 day simple moving average of $24.20 and a two-hundred 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.