Independent Solutions Wealth Management LLC Increases Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Independent Solutions Wealth Management LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 72.4% in the fourth quarter, HoldingsChannel reports. The firm owned 180,488 shares of the company’s stock after acquiring an additional 75,781 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up about 0.9% of Independent Solutions Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Independent Solutions Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $4,343,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Jane Street Group LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF during the third quarter worth $423,782,000. Bank of Montreal Can boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 15,996.5% during the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock valued at $127,921,000 after acquiring an additional 2,591,761 shares during the last quarter. MCF Advisors LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 133.5% during the 4th quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock worth $70,477,000 after purchasing an additional 1,674,798 shares in the last quarter. West Coast Financial LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 162.2% in the 4th quarter. West Coast Financial LLC now owns 2,457,475 shares of the company’s stock valued at $59,127,000 after purchasing an additional 1,520,253 shares during the last quarter. Finally, Clearwater Capital Advisors LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 110.2% in the 4th quarter. Clearwater Capital Advisors LLC now owns 2,447,588 shares of the company’s stock valued at $58,889,000 after purchasing an additional 1,283,078 shares in the last quarter.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.29 on Friday. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $23.85 and a 12-month high of $24.54. The firm’s 50-day moving average is $24.21 and its two-hundred day moving average is $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.