FLC Capital Advisors Purchases 597,437 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

FLC Capital Advisors raised its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 102.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,180,160 shares of the company’s stock after buying an additional 597,437 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up approximately 6.5% of FLC Capital Advisors’ portfolio, making the stock its 3rd biggest position. FLC Capital Advisors owned approximately 0.54% of Schwab Short-Term U.S. Treasury ETF worth $28,395,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SCHO. Jane Street Group LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at $423,782,000. Bank of Montreal Can increased its stake in Schwab Short-Term U.S. Treasury ETF by 15,996.5% in the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock valued at $127,921,000 after purchasing an additional 2,591,761 shares during the period. West Coast Financial LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 162.2% in the fourth 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 period. Bangor Savings Bank raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 109.2% in the fourth quarter. Bangor Savings Bank now owns 1,666,108 shares of the company’s stock valued at $40,087,000 after buying an additional 869,727 shares during the last quarter. Finally, Fiduciary Financial Group LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 103.6% during the fourth quarter. Fiduciary Financial Group LLC now owns 1,489,093 shares of the company’s stock worth $35,887,000 after buying an additional 757,776 shares during the period.

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

NYSEARCA SCHO opened at $24.17 on Monday. The business’s 50-day moving average price is $24.15 and its 200 day moving average price is $24.25. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.85 and a 52-week 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.