Valley National Advisers Inc. Cuts Stock Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Valley National Advisers Inc. lowered its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 27.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,071 shares of the company’s stock after selling 410 shares during the quarter. Valley National Advisers Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $51,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Evanson Asset Management LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.2% during the fourth quarter. Evanson Asset Management LLC now owns 18,888 shares of the company’s stock worth $915,000 after buying an additional 220 shares during the period. Econ Financial Services Corp boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.1% during the fourth quarter. Econ Financial Services Corp now owns 20,578 shares of the company’s stock worth $997,000 after buying an additional 224 shares during the period. Jackson Creek Investment Advisors LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 0.5% during the fourth quarter. Jackson Creek Investment Advisors LLC now owns 43,022 shares of the company’s stock worth $2,084,000 after buying an additional 231 shares during the period. EWG Elevate Inc. boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.8% during the first quarter. EWG Elevate Inc. now owns 9,885 shares of the company’s stock worth $477,000 after buying an additional 271 shares during the period. Finally, Alpha Omega Wealth Management LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 3.7% during the fourth quarter. Alpha Omega Wealth Management LLC now owns 8,203 shares of the company’s stock worth $397,000 after buying an additional 295 shares during the period.

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

NYSEARCA:SCHO traded up $0.06 during mid-day trading on Wednesday, reaching $48.02. The stock had a trading volume of 389,793 shares, compared to its average volume of 1,408,774. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $47.65 and a twelve month high of $48.65. The business has a 50 day simple moving average of $47.98 and a 200 day simple moving average of $48.14.

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.