Fortis Capital Advisors LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report) by 47.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 34,391 shares of the company’s stock after buying an additional 11,078 shares during the quarter. Fortis Capital Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $838,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently made changes to their positions in SCHO. Morling Financial Advisors LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the first quarter valued at $25,000. Rossby Financial LCC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the first quarter valued at $26,000. von Borstel & Associates Inc. purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the first quarter valued at $27,000. Cooksen Wealth LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the first quarter valued at $32,000. Finally, GSB Wealth Management LLC grew its holdings in shares of 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 buying an additional 654 shares during the last quarter.
Schwab Short-Term U.S. Treasury ETF Price Performance
Shares of SCHO opened at $24.36 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.06 and a 1-year high of $24.47. The company’s fifty day moving average price is $24.36 and its 200-day moving average price is $24.32.
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.
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