Waverly Advisors LLC Grows Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Waverly Advisors LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 73.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,521,242 shares of the company’s stock after acquiring an additional 643,713 shares during the period. Waverly Advisors LLC owned about 0.30% of Schwab Short-Term U.S. Treasury ETF worth $36,921,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of SCHO. Cumberland Partners Ltd lifted its stake in Schwab Short-Term U.S. Treasury ETF by 26.7% in the first quarter. Cumberland Partners Ltd now owns 46,048 shares of the company’s stock valued at $1,118,000 after purchasing an additional 9,702 shares during the last quarter. Vivaldi Capital Management LP raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.3% in the first quarter. Vivaldi Capital Management LP now owns 555,616 shares of the company’s stock valued at $13,485,000 after buying an additional 12,576 shares during the period. Gibbs Wealth Management purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 1st quarter valued at $204,000. American Investment Services Inc. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 10.9% during the 1st quarter. American Investment Services Inc. now owns 180,905 shares of the company’s stock valued at $4,391,000 after buying an additional 17,846 shares during the last quarter. Finally, Alesco Advisors LLC An ESL Co grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 21.6% during the 1st quarter. Alesco Advisors LLC An ESL Co now owns 752,236 shares of the company’s stock worth $18,257,000 after acquiring an additional 133,435 shares during the period.

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

Shares of SCHO opened at $24.06 on Friday. The business has a 50-day moving average of $24.11 and a 200 day moving average of $24.23. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.03 and a fifty-two week high of $24.46.

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.