IFP Advisors Inc Boosts Stock Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

IFP Advisors Inc boosted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 160.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,104 shares of the company’s stock after buying an additional 10,538 shares during the period. IFP Advisors Inc’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $412,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SCHO. Kennebec Savings Bank purchased a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth approximately $26,000. Golden State Wealth Management LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at approximately $26,000. Aspect Partners LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at approximately $26,000. Spire Wealth Management grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock valued at $29,000 after purchasing an additional 612 shares in the last quarter. Finally, Sound Income Strategies LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 213.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock valued at $31,000 after purchasing an additional 864 shares in the last quarter.

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

SCHO stock opened at $24.32 on Friday. The business has a 50 day simple moving average of $24.16 and a 200-day simple moving average of $24.25. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.53.

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.