Schwab Short-Term U.S. Treasury ETF $SCHO is Northeast Financial Group Inc.’s 8th Largest Position

Northeast Financial Group Inc. trimmed its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 12.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 522,603 shares of the company’s stock after selling 71,633 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up 3.1% of Northeast Financial Group Inc.’s portfolio, making the stock its 8th biggest position. Northeast Financial Group Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $12,691,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Access Financial Services Inc. increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 2.6% during the fourth quarter. Access Financial Services Inc. now owns 1,381,585 shares of the company’s stock worth $33,669,000 after acquiring an additional 34,836 shares during the last quarter. Merit Financial Group LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 20.9% in the fourth quarter. Merit Financial Group LLC now owns 1,889,316 shares of the company’s stock valued at $46,043,000 after purchasing an additional 327,024 shares during the last quarter. Triad Wealth Partners LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $9,879,000. Farrow Financial Inc. grew its stake 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 increased 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 worth $2,340,000 after purchasing an additional 86,207 shares during the last quarter.

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

Shares of SCHO opened at $24.06 on Monday. The business’s 50 day moving average is $24.11 and its two-hundred day moving average is $24.23. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.03 and a 52-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.