Global Assets Advisory LLC Takes Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Global Assets Advisory LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 33,524 shares of the company’s stock, valued at approximately $1,616,000.

Other institutional investors also recently bought and sold shares of the company. Toronto Dominion Bank purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth $38,000. Howe & Rusling Inc. acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $42,000. Fortitude Family Office LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth about $71,000. Financial Gravity Asset Management Inc. boosted its position in Schwab Short-Term U.S. Treasury ETF by 3,381.3% during the third quarter. Financial Gravity Asset Management Inc. now owns 1,671 shares of the company’s stock worth $80,000 after acquiring an additional 1,623 shares during the last quarter. Finally, Cooksen Wealth LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth about $87,000.

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

NYSEARCA:SCHO opened at $48.12 on Wednesday. The company’s 50-day moving average is $47.96 and its two-hundred day moving average is $48.15. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $47.65 and a 1-year high of $48.65.

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.