Cetera Investment Advisers Cuts Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Cetera Investment Advisers decreased its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 23.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 804,911 shares of the company’s stock after selling 249,561 shares during the quarter. Cetera Investment Advisers owned about 0.16% of Schwab Short-Term U.S. Treasury ETF worth $19,535,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Merit Financial Group LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 20.9% during the fourth quarter. Merit Financial Group LLC now owns 1,889,316 shares of the company’s stock worth $46,043,000 after purchasing an additional 327,024 shares in the last quarter. Access Financial Services Inc. boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.6% in the fourth quarter. Access Financial Services Inc. now owns 1,381,585 shares of the company’s stock valued at $33,669,000 after purchasing an additional 34,836 shares during the period. Triad Wealth Partners LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at $9,879,000. Farrow Financial Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 11.7% during the 4th quarter. Farrow Financial Inc. now owns 231,380 shares of the company’s stock valued at $5,639,000 after purchasing an additional 24,285 shares in the last quarter. Finally, Carnegie Investment Counsel grew its holdings in Schwab Short-Term U.S. Treasury ETF by 879.4% during the 4th quarter. Carnegie Investment Counsel now owns 96,010 shares of the company’s stock valued at $2,340,000 after purchasing an additional 86,207 shares in the last quarter.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.06 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.03 and a 12-month high of $24.46. The firm’s fifty day moving average price is $24.10 and its 200 day moving average price is $24.23.

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.