Soltis Investment Advisors LLC Sells 143,396 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Soltis Investment Advisors LLC lessened its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 80.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,194 shares of the company’s stock after selling 143,396 shares during the period. Soltis Investment Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,649,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHO. Motco bought a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 1st quarter worth $31,000. Howe & Rusling Inc. purchased a new position in Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth $42,000. Fifth Third Bancorp purchased a new position in Schwab Short-Term U.S. Treasury ETF in the 1st quarter worth $46,000. Future Financial Wealth Managment LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the 1st quarter worth $50,000. Finally, Cooksen Wealth LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth $87,000.

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

NYSEARCA:SCHO traded up $0.28 during trading hours on Friday, reaching $48.71. The company’s stock had a trading volume of 1,299,663 shares, compared to its average volume of 1,340,928. The firm has a 50-day simple moving average of $48.14 and a 200-day simple moving average of $48.13. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $47.65 and a 1 year high of $48.72.

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.