Ridgewood Investments LLC raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report) by 98.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 31,370 shares of the company’s stock after purchasing an additional 15,570 shares during the quarter. Ridgewood Investments LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $755,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Kennebec Savings Bank acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter worth $26,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $37,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $49,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the second quarter valued at $51,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $51,000.
Schwab Short-Term U.S. Treasury ETF Price Performance
Shares of NYSEARCA:SCHO traded down $0.03 during midday trading on Friday, reaching $24.12. The company’s stock had a trading volume of 1,425,945 shares, compared to its average volume of 2,182,172. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.53. The business has a 50 day moving average price of $24.16 and a 200 day moving average price of $24.24.
About Schwab Short-Term U.S. Treasury ETF
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.
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