Pasadena Private Wealth LLC Sells 48,108 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Pasadena Private Wealth LLC reduced its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 46.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,385 shares of the company’s stock after selling 48,108 shares during the period. Pasadena Private Wealth LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,376,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHO. Independent Wealth Network Inc. grew its stake in Schwab Short-Term U.S. Treasury ETF by 2.3% during the second quarter. Independent Wealth Network Inc. now owns 18,711 shares of the company’s stock worth $456,000 after purchasing an additional 416 shares during the period. Cobblestone Capital Advisors LLC NY boosted 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 worth $2,425,000 after buying an additional 422 shares in the last quarter. Beacon Financial Advisory LLC grew its position in shares of 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 buying an additional 445 shares during the period. Evanson Asset Management LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.0% in the 3rd quarter. Evanson Asset Management LLC now owns 43,932 shares of the company’s stock valued at $1,072,000 after acquiring an additional 445 shares in the last quarter. Finally, Sherman Asset Management Inc. increased its stake in shares of 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 valued at $946,000 after acquiring an additional 464 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.36 on Friday. The company’s fifty day simple moving average is $24.37 and its 200 day simple moving average is $24.36. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.10 and a 12-month high of $24.47.

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.