Sightline Wealth Advisors LLC Increases Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Sightline Wealth Advisors LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 95.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,242 shares of the company’s stock after purchasing an additional 5,965 shares during the period. Sightline Wealth Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $295,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Bank of New York Mellon Corp lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 115.9% during the second quarter. Bank of New York Mellon Corp now owns 41,750 shares of the company’s stock worth $2,009,000 after purchasing an additional 22,410 shares during the period. Envestnet Asset Management Inc. lifted its stake in Schwab Short-Term U.S. Treasury ETF by 6.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,190,119 shares of the company’s stock valued at $153,540,000 after acquiring an additional 182,056 shares during the period. Clear Investment Research LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 22.8% in the 2nd quarter. Clear Investment Research LLC now owns 40,599 shares of the company’s stock valued at $1,954,000 after acquiring an additional 7,550 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the second quarter worth $1,778,000. Finally, Valley Forge Investment Consultants Inc. ADV raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 25.8% during the second quarter. Valley Forge Investment Consultants Inc. ADV now owns 18,655 shares of the company’s stock worth $898,000 after purchasing an additional 3,824 shares during the last quarter.

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

SCHO remained flat at $24.10 during midday trading on Monday. The company’s stock had a trading volume of 2,158,709 shares, compared to its average volume of 2,479,115. The business has a fifty day moving average of $24.16 and a 200 day moving average of $24.25. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.85 and a 12 month high of $24.53.

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.