Wealth Enhancement Advisory Services LLC Boosts Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Wealth Enhancement Advisory Services LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 89.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,744,373 shares of the company’s stock after buying an additional 1,292,926 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.58% of Schwab Short-Term U.S. Treasury ETF worth $66,880,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. GSB Wealth Management LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 95.9% during the second quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock valued at $33,000 after purchasing an additional 654 shares during the period. Blue Trust Inc. grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 57.4% during the 2nd quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock valued at $52,000 after acquiring an additional 783 shares during the period. AllSquare Wealth Management LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 183.3% in the 2nd quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock worth $75,000 after acquiring an additional 2,000 shares in the last quarter. Fortitude Family Office LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the 2nd quarter worth approximately $106,000. Finally, Morling Financial Advisors LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 383.5% during the second quarter. Morling Financial Advisors LLC now owns 4,932 shares of the company’s stock valued at $120,000 after purchasing an additional 3,912 shares in the last quarter.

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

Shares of NYSEARCA SCHO traded down $0.01 during midday trading on Tuesday, reaching $24.36. The stock had a trading volume of 439,741 shares, compared to its average volume of 5,108,606. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.10 and a 12-month high of $24.47. The stock has a 50-day moving average of $24.37 and a 200-day moving average of $24.36.

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.