Schwab Short-Term U.S. Treasury ETF $SCHO is Fiduciary Financial Group LLC’s 2nd Largest Position

Fiduciary Financial Group LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 7.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,912,784 shares of the company’s stock after purchasing an additional 140,078 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up about 7.4% of Fiduciary Financial Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Fiduciary Financial Group LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $46,672,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Independent Wealth Network Inc. boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 2.3% in the second quarter. Independent Wealth Network Inc. now owns 18,711 shares of the company’s stock worth $456,000 after buying an additional 416 shares during the period. Cobblestone Capital Advisors LLC NY raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 0.4% during the 2nd quarter. Cobblestone Capital Advisors LLC NY now owns 99,475 shares of the company’s stock valued at $2,425,000 after buying an additional 422 shares during the period. Beacon Financial Advisory LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 0.9% during the 2nd quarter. Beacon Financial Advisory LLC now owns 51,447 shares of the company’s stock worth $1,254,000 after acquiring an additional 445 shares in the last quarter. Sherman Asset Management Inc. boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 1.2% in the 2nd quarter. Sherman Asset Management Inc. now owns 38,821 shares of the company’s stock worth $946,000 after acquiring an additional 464 shares during the period. Finally, LifePlan Financial LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 1.3% in the second quarter. LifePlan Financial LLC now owns 42,234 shares of the company’s stock valued at $1,030,000 after acquiring an additional 545 shares in the last quarter.

Schwab Short-Term U.S. Treasury ETF Trading Down 0.3%

SCHO opened at $24.34 on Friday. The firm’s 50 day moving average is $24.39 and its 200-day moving average is $24.35. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.06 and a 52-week high of $24.47.

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.