Pacific Capital Wealth Advisors Inc. Raises Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Pacific Capital Wealth Advisors Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 10.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 27,871 shares of the company’s stock after acquiring an additional 2,605 shares during the quarter. Pacific Capital Wealth Advisors Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $678,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SCHO. Janney Montgomery Scott LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 6.2% during the first quarter. Janney Montgomery Scott LLC now owns 17,318 shares of the company’s stock valued at $422,000 after buying an additional 1,013 shares during the period. Cornerstone Wealth Advisors Inc. increased its holdings in Schwab Short-Term U.S. Treasury ETF by 29.4% during the first quarter. Cornerstone Wealth Advisors Inc. now owns 145,140 shares of the company’s stock valued at $3,533,000 after buying an additional 33,015 shares during the period. Pflug Koory LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 5.3% during the first quarter. Pflug Koory LLC now owns 87,201 shares of the company’s stock valued at $2,122,000 after buying an additional 4,403 shares during the period. Christensen King & Associates Investment Services Inc. increased its holdings in Schwab Short-Term U.S. Treasury ETF by 2.7% during the first quarter. Christensen King & Associates Investment Services Inc. now owns 159,283 shares of the company’s stock valued at $3,869,000 after buying an additional 4,132 shares during the period. Finally, Traphagen Investment Advisors LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF during the first quarter valued at approximately $205,000.

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

Shares of SCHO stock opened at $24.25 on Tuesday. The company’s 50 day moving average is $24.29 and its 200 day moving average is $24.23. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.95 and a 52-week high of $24.54.

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.