Forza Wealth Management LLC Decreases Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Forza Wealth Management LLC reduced its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 25.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 73,816 shares of the company’s stock after selling 25,126 shares during the period. Forza Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,776,000 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 the stock. Jane Street Group LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF during the third 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 third 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 in the last quarter. Bangor Savings Bank raised its position in Schwab Short-Term U.S. Treasury ETF by 109.2% during the fourth quarter. Bangor Savings Bank now owns 1,666,108 shares of the company’s stock valued at $40,087,000 after purchasing an additional 869,727 shares in the last quarter. Diversify Wealth Management LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 2,410.8% during the third quarter. Diversify Wealth Management LLC now owns 551,995 shares of the company’s stock valued at $27,037,000 after purchasing an additional 530,010 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 73.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,129,516 shares of the company’s stock valued at $27,176,000 after purchasing an additional 478,279 shares in the last quarter.

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

NYSEARCA SCHO remained flat at $24.10 during trading hours on Monday. The company’s stock had a trading volume of 1,524,280 shares, compared to its average volume of 2,373,664. The firm has a 50-day moving average price of $24.16 and a 200 day moving average price of $24.25. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.85 and a twelve month high of $24.53.

Schwab Short-Term U.S. Treasury ETF Company Profile

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.