Fourth Dimension Wealth LLC Trims Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Fourth Dimension Wealth LLC reduced its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 30.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,837 shares of the company’s stock after selling 2,535 shares during the period. Fourth Dimension Wealth LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $142,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SCHO. Brighton Jones LLC increased its stake in shares of 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 worth $444,000 after purchasing an additional 12,810 shares in the last quarter. Private Trust Co. NA increased its position in Schwab Short-Term U.S. Treasury ETF by 21.3% in the first quarter. Private Trust Co. NA now owns 4,646 shares of the company’s stock worth $113,000 after buying an additional 815 shares in the last quarter. Capital Investment Advisory Services LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the first quarter worth about $45,000. Bank of New York Mellon Corp increased its position in Schwab Short-Term U.S. Treasury ETF by 361.0% in the first quarter. Bank of New York Mellon Corp now owns 186,561 shares of the company’s stock worth $4,541,000 after buying an additional 146,092 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Schwab Short-Term U.S. Treasury ETF by 6.1% in the first quarter. Envestnet Asset Management Inc. now owns 7,645,106 shares of the company’s stock worth $186,082,000 after buying an additional 437,251 shares in the last quarter.

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

Shares of SCHO opened at $24.31 on Thursday. The business has a 50-day simple moving average of $24.39 and a two-hundred day simple moving average of $24.33. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $24.06 and a 52 week high of $24.47.

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.