Vivaldi Capital Management LP Has $10.55 Million Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Vivaldi Capital Management LP lifted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 93.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 435,041 shares of the company’s stock after purchasing an additional 210,621 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up about 1.6% of Vivaldi Capital Management LP’s portfolio, making the stock its 16th largest holding. Vivaldi Capital Management LP’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $10,545,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SCHO. Hennion & Walsh Asset Management Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 156.1% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 36,121 shares of the company’s stock worth $869,000 after purchasing an additional 22,014 shares during the period. Carnegie Investment Counsel grew its holdings in Schwab Short-Term U.S. Treasury ETF by 62.1% in the fourth quarter. Carnegie Investment Counsel now owns 12,055 shares of the company’s stock worth $290,000 after purchasing an additional 4,619 shares during the period. Empirical Asset Management LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 115.5% in the fourth quarter. Empirical Asset Management LLC now owns 14,759 shares of the company’s stock worth $355,000 after purchasing an additional 7,911 shares during the period. Capital & Planning LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the fourth quarter worth $260,000. Finally, CGN Advisors LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 107.6% in the fourth quarter. CGN Advisors LLC now owns 17,145 shares of the company’s stock worth $413,000 after purchasing an additional 8,886 shares during the period.

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

Shares of NYSEARCA SCHO opened at $24.25 on Monday. The company has a 50-day moving average price of $24.31 and a 200-day moving average price of $24.22. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.92 and a 1 year high of $24.54.

Schwab Short-Term U.S. Treasury ETF 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.