Evanson Asset Management LLC Boosts Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Evanson Asset Management LLC grew its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 57.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,020 shares of the company’s stock after buying an additional 17,449 shares during the quarter. Evanson Asset Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,169,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHO. Capital & Planning LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth about $260,000. Brighton Jones LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF by 227.2% in the 4th quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after buying an additional 12,810 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 13.9% during the 4th quarter. Sanctuary Advisors LLC now owns 58,126 shares of the company’s stock valued at $1,408,000 after buying an additional 7,097 shares during the last quarter. Truist Financial Corp increased its position in Schwab Short-Term U.S. Treasury ETF by 84.8% during the fourth quarter. Truist Financial Corp now owns 760,855 shares of the company’s stock worth $18,306,000 after buying an additional 349,046 shares in the last quarter. Finally, Empower Advisory Group LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter worth $219,000.

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

Shares of SCHO stock opened at $24.27 on Friday. The firm has a 50-day moving average price of $24.29 and a 200 day moving average price of $24.24. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.95 and a twelve month 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.