National Wealth Management Group LLC Reduces Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

National Wealth Management Group LLC reduced its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 43.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,330 shares of the company’s stock after selling 41,995 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up 0.9% of National Wealth Management Group LLC’s holdings, making the stock its 26th biggest position. National Wealth Management Group LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,331,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. OLD Point Trust & Financial Services N A acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth approximately $25,000. Kennebec Savings Bank lifted its position in Schwab Short-Term U.S. Treasury ETF by 100.0% during the fourth quarter. Kennebec Savings Bank now owns 1,072 shares of the company’s stock worth $26,000 after buying an additional 536 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth $26,000. Aspect Partners LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at $26,000. Finally, AllSquare Wealth Management LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 99.8% during the 4th quarter. AllSquare Wealth Management LLC now owns 1,091 shares of the company’s stock worth $26,000 after acquiring an additional 545 shares during the period.

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

Shares of SCHO stock opened at $24.34 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.85 and a twelve month high of $24.54. The company’s 50-day moving average price is $24.23 and its 200-day moving average price is $24.24.

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.