SMI Advisory Services LLC Acquires 145,610 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

SMI Advisory Services LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 94.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 299,372 shares of the company’s stock after purchasing an additional 145,610 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for approximately 1.7% of SMI Advisory Services LLC’s investment portfolio, making the stock its 16th largest position. SMI Advisory Services LLC owned 0.14% of Schwab Short-Term U.S. Treasury ETF worth $7,215,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Kennebec Savings Bank acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth approximately $37,000. MidAtlantic Capital Management Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth approximately $49,000. Strategic Investment Solutions Inc. IL acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 2nd quarter worth approximately $51,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth approximately $51,000.

Schwab Short-Term U.S. Treasury ETF Trading Down 0.1 %

NYSEARCA:SCHO opened at $24.17 on Thursday. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.53. The firm’s 50 day simple moving average is $24.16 and its 200 day simple moving average is $24.25.

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.