LPL Financial LLC Grows Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

LPL Financial LLC increased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 95.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,361,106 shares of the company’s stock after buying an additional 1,642,412 shares during the quarter. LPL Financial LLC owned 1.54% of Schwab Short-Term U.S. Treasury ETF worth $80,868,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Independent Solutions Wealth Management LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 15.5% in the 3rd quarter. Independent Solutions Wealth Management LLC now owns 104,707 shares of the company’s stock worth $5,129,000 after acquiring an additional 14,036 shares during the last quarter. Apella Capital LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 72.1% in the fourth quarter. Apella Capital LLC now owns 782,878 shares of the company’s stock worth $18,836,000 after purchasing an additional 327,916 shares during the last quarter. Synovus Financial Corp increased its holdings in Schwab Short-Term U.S. Treasury ETF by 64.0% during the 3rd quarter. Synovus Financial Corp now owns 14,514 shares of the company’s stock valued at $711,000 after purchasing an additional 5,662 shares during the period. World Investment Advisors LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 1.3% during the 3rd quarter. World Investment Advisors LLC now owns 346,995 shares of the company’s stock valued at $16,996,000 after purchasing an additional 4,295 shares during the period. Finally, Venturi Wealth Management LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 49.0% during the 4th quarter. Venturi Wealth Management LLC now owns 2,056 shares of the company’s stock valued at $49,000 after purchasing an additional 676 shares during the last quarter.

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

Shares of SCHO stock opened at $24.29 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.85 and a fifty-two week high of $24.54. The business’s 50 day moving average price is $24.22 and its 200-day moving average price is $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.