Evanson Asset Management LLC Reduces Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Evanson Asset Management LLC decreased its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 20.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,976 shares of the company’s stock after selling 3,733 shares during the quarter. Evanson Asset Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $721,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at approximately $5,845,000. Stratos Wealth Partners LTD. purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at about $965,000. HBK Sorce Advisory LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 10.0% in the fourth quarter. HBK Sorce Advisory LLC now owns 11,870 shares of the company’s stock valued at $575,000 after buying an additional 1,079 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 37.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 33,282 shares of the company’s stock valued at $1,613,000 after acquiring an additional 9,108 shares during the period. Finally, Cerity Partners LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at approximately $309,000.

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

Shares of SCHO stock traded up $0.01 on Friday, hitting $48.58. The stock had a trading volume of 1,273,808 shares, compared to its average volume of 1,358,813. The company’s 50 day moving average price is $48.21 and its 200-day moving average price is $48.13. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $47.65 and a 1 year high of $48.85.

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.