Schwab Short-Term U.S. Treasury ETF $SCHO is Novem Group’s 7th Largest Position

Novem Group boosted its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 5.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 757,520 shares of the company’s stock after buying an additional 37,781 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up approximately 2.1% of Novem Group’s portfolio, making the stock its 7th biggest position. Novem Group owned about 0.16% of Schwab Short-Term U.S. Treasury ETF worth $18,461,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Smartleaf Asset Management LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 235.4% in the third quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock worth $25,000 after buying an additional 718 shares in the last quarter. Dorato Capital Management purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the fourth quarter valued at approximately $26,000. Lowe Brockenbrough & Co. Inc. purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $30,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $41,000. Finally, Smithfield Trust Co purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $49,000.

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

NYSEARCA:SCHO opened at $24.29 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.17 and a fifty-two week high of $24.47. The business has a 50 day moving average price of $24.30 and a 200-day moving average price of $24.35.

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.