32,763 Shares in Schwab Short-Term U.S. Treasury ETF $SCHO Acquired by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE bought a new position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 32,763 shares of the company’s stock, valued at approximately $782,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHO. Novem Group increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 4.8% during the 3rd quarter. Novem Group now owns 865,926 shares of the company’s stock valued at $20,661,000 after purchasing an additional 39,724 shares during the period. Richards Merrill & Peterson Inc. bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth $63,000. Independent Wealth Network Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 4.6% in the 3rd quarter. Independent Wealth Network Inc. now owns 19,181 shares of the company’s stock worth $458,000 after buying an additional 841 shares in the last quarter. SIMA Wealth Partners LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 4.1% in the third quarter. SIMA Wealth Partners LLC now owns 125,827 shares of the company’s stock valued at $3,002,000 after buying an additional 4,977 shares during the period. Finally, Onyx Bridge Wealth Group LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 3.7% in the third quarter. Onyx Bridge Wealth Group LLC now owns 17,875 shares of the company’s stock valued at $426,000 after buying an additional 646 shares during the period.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $23.90 on Tuesday. The business has a fifty day simple moving average of $23.96 and a 200-day simple moving average of $24.08. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.79 and a fifty-two week high of $24.46.

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.