BCS Wealth Management Boosts Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

BCS Wealth Management lifted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 116.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,446 shares of the company’s stock after buying an additional 27,154 shares during the period. BCS Wealth Management’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,229,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SCHO. Bank of America Corp DE grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 8.8% in the 3rd quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock valued at $2,895,446,000 after buying an additional 9,578,278 shares during the last quarter. Willis Johnson & Associates Inc. purchased a new position in Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth $33,121,000. Wealth Enhancement Advisory Services LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 89.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,744,373 shares of the company’s stock worth $66,880,000 after purchasing an additional 1,292,926 shares during the last quarter. Ameriprise Financial Inc. grew its position in Schwab Short-Term U.S. Treasury ETF by 5.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after purchasing an additional 1,237,815 shares during the last quarter. Finally, Access Financial Services Inc. grew its position in Schwab Short-Term U.S. Treasury ETF by 112.5% during the 3rd quarter. Access Financial Services Inc. now owns 1,346,749 shares of the company’s stock worth $32,861,000 after purchasing an additional 712,966 shares during the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.26 on Thursday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.17 and a 1 year high of $24.47. The company’s fifty day moving average is $24.31 and its two-hundred day moving average is $24.35.

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.