Schwab Short-Term U.S. Treasury ETF $SCHO Shares Sold by Innovative Wealth Building LLC

Innovative Wealth Building LLC lowered its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 8.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,189 shares of the company’s stock after selling 10,098 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up about 2.1% of Innovative Wealth Building LLC’s investment portfolio, making the stock its 14th biggest position. Innovative Wealth Building LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,589,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Independent Wealth Network Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.3% in the 2nd quarter. Independent Wealth Network Inc. now owns 18,711 shares of the company’s stock worth $456,000 after acquiring an additional 416 shares during the period. Beacon Financial Advisory LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 0.9% in the 2nd quarter. Beacon Financial Advisory LLC now owns 51,447 shares of the company’s stock worth $1,254,000 after acquiring an additional 445 shares during the period. VanderPol Investments L.L.C. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.1% in the 1st quarter. VanderPol Investments L.L.C. now owns 24,342 shares of the company’s stock worth $592,000 after acquiring an additional 499 shares during the period. LifePlan Financial LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.3% in the 2nd quarter. LifePlan Financial LLC now owns 42,234 shares of the company’s stock worth $1,030,000 after acquiring an additional 545 shares during the period. Finally, Bright Futures Wealth Management LLC. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.4% in the 1st quarter. Bright Futures Wealth Management LLC. now owns 41,910 shares of the company’s stock worth $1,022,000 after acquiring an additional 559 shares during the period.

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

SCHO opened at $24.36 on Friday. The stock’s 50 day simple moving average is $24.36 and its 200 day simple moving average 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.

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.