Schwab Short-Term U.S. Treasury ETF $SCHO Stock: Novem Group Grows Position

Novem Group grew its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 865,926 shares of the company’s stock after purchasing an additional 39,724 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up approximately 2.1% of Novem Group’s holdings, making the stock its 6th largest holding. Novem Group’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $20,661,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of SCHO. NBT Bank N A NY grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 5,325.0% during the 1st quarter. NBT Bank N A NY now owns 1,302 shares of the company’s stock worth $32,000 after purchasing an additional 1,278 shares during the period. Physician Wealth Advisors Inc. purchased a new position in Schwab Short-Term U.S. Treasury ETF in the first quarter valued at approximately $34,000. Continuum Advisory LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF during the second quarter valued at approximately $38,000. Kennebec Savings Bank grew its stake in Schwab Short-Term U.S. Treasury ETF by 78.2% during the first quarter. Kennebec Savings Bank now owns 1,900 shares of the company’s stock worth $46,000 after buying an additional 834 shares during the period. Finally, Gilpin Wealth Management LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 48.2% during the third quarter. Gilpin Wealth Management LLC now owns 2,075 shares of the company’s stock worth $50,000 after buying an additional 675 shares during the period.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock traded down $0.02 during trading hours on Monday, hitting $23.90. The company’s stock had a trading volume of 4,045,723 shares, compared to its average volume of 4,066,530. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.79 and a 1-year high of $24.46. The business has a fifty day moving average of $23.96 and a 200 day moving average of $24.08.

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.