Trevian Wealth Management LLC Purchases 38,894 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Trevian Wealth Management LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 99.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 77,975 shares of the company’s stock after purchasing an additional 38,894 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises 0.9% of Trevian Wealth Management LLC’s investment portfolio, making the stock its 17th largest holding. Trevian Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,900,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth about $655,000. Allworth Financial LP boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 21.2% in the third quarter. Allworth Financial LP now owns 147,567 shares of the company’s stock valued at $3,601,000 after acquiring an additional 25,830 shares during the last quarter. Ballast Advisors LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 9.4% in the third quarter. Ballast Advisors LLC now owns 623,769 shares of the company’s stock valued at $15,220,000 after acquiring an additional 53,596 shares during the last quarter. First Financial Group Corp boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 100.2% in the third quarter. First Financial Group Corp now owns 55,490 shares of the company’s stock valued at $1,354,000 after acquiring an additional 27,770 shares during the last quarter. Finally, Access Financial Services Inc. boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 2.6% in the fourth quarter. Access Financial Services Inc. now owns 1,381,585 shares of the company’s stock valued at $33,669,000 after acquiring an additional 34,836 shares during the last quarter.

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

Shares of SCHO stock opened at $24.15 on Friday. The business’s 50 day simple moving average is $24.24 and its 200 day simple moving average is $24.33. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.13 and a one year high of $24.46.

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.