Sequoia Financial Advisors LLC Has $837,000 Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Sequoia Financial Advisors LLC boosted its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 71.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,768 shares of the company’s stock after purchasing an additional 14,460 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $837,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHO. Kennebec Savings Bank increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Kennebec Savings Bank now owns 1,072 shares of the company’s stock valued at $26,000 after buying an additional 536 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $26,000. Aspect Partners LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $26,000. Smartleaf Asset Management LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 100.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock valued at $28,000 after buying an additional 591 shares during the period. Finally, Spire Wealth Management increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock valued at $29,000 after buying an additional 612 shares during the period.

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

Shares of SCHO stock opened at $24.25 on Monday. The stock has a 50-day moving average of $24.20 and a 200-day moving average of $24.24. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.85 and a 1-year high of $24.54.

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.