FFT Wealth Management LLC Takes $222,000 Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

FFT Wealth Management LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 9,228 shares of the company’s stock, valued at approximately $222,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kennebec Savings Bank purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at approximately $26,000. Golden State Wealth Management LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at about $26,000. Aspect Partners LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the fourth quarter valued at approximately $26,000. Spire Wealth Management increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% in the 4th quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock worth $29,000 after purchasing an additional 612 shares in the last quarter. Finally, Sound Income Strategies LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 213.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock worth $31,000 after buying an additional 864 shares in the last quarter.

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

SCHO opened at $24.27 on Thursday. The firm has a 50 day moving average price of $24.15 and a 200-day moving average price of $24.25. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.85 and a twelve month 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.