Successful Portfolios LLC Cuts Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Successful Portfolios LLC decreased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 15.8% during the 4th quarter, Holdings Channel reports. The firm owned 105,423 shares of the company’s stock after selling 19,737 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises about 3.8% of Successful Portfolios LLC’s holdings, making the stock its 3rd biggest holding. Successful Portfolios LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $5,108,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Worth Asset Management LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 24.2% in the third quarter. Worth Asset Management LLC now owns 18,300 shares of the company’s stock worth $876,000 after purchasing an additional 3,561 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.6% in the third quarter. Stifel Financial Corp now owns 2,312,242 shares of the company’s stock worth $110,734,000 after purchasing an additional 37,402 shares during the last quarter. Wealthfront Advisers LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 583.8% in the third quarter. Wealthfront Advisers LLC now owns 2,412,867 shares of the company’s stock worth $115,552,000 after purchasing an additional 2,060,004 shares during the last quarter. Financial Gravity Asset Management Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 3,381.3% in the third quarter. Financial Gravity Asset Management Inc. now owns 1,671 shares of the company’s stock worth $80,000 after purchasing an additional 1,623 shares during the last quarter. Finally, OneAscent Financial Services LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 22.5% in the fourth quarter. OneAscent Financial Services LLC now owns 5,228 shares of the company’s stock worth $253,000 after purchasing an additional 959 shares during the last quarter.

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

NYSEARCA:SCHO traded up $0.05 during trading hours on Wednesday, hitting $48.25. The company had a trading volume of 912,342 shares, compared to its average volume of 1,979,287. The stock has a 50-day moving average price of $48.26 and a 200 day moving average price of $48.13. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $47.65 and a 52 week high of $48.98.

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.