Fortis Capital Advisors LLC Increases Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Fortis Capital Advisors LLC grew its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) by 47.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,391 shares of the company’s stock after acquiring 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 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Morling Financial Advisors LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 1st quarter valued at $25,000. Rossby Financial LCC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 1st quarter valued at $26,000. von Borstel & Associates Inc. acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the first quarter worth $27,000. Cooksen Wealth LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the first quarter worth $32,000. Finally, GSB Wealth Management LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 95.9% during the 2nd quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock valued at $33,000 after purchasing an additional 654 shares during the last quarter.

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

Shares of SCHO stock opened at $24.36 on Friday. The stock’s fifty day moving average price is $24.36 and its 200 day moving average price is $24.32. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.06 and a 1-year high of $24.47.

Schwab Short-Term U.S. Treasury ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

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