Independent Solutions Wealth Management LLC Acquires 14,036 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Independent Solutions Wealth Management LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 15.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 104,707 shares of the company’s stock after purchasing an additional 14,036 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up 1.2% of Independent Solutions Wealth Management LLC’s investment portfolio, making the stock its 21st biggest holding. Independent Solutions Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $5,129,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Kennebec Savings Bank acquired a new position in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth about $26,000. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth about $37,000. MidAtlantic Capital Management Inc. acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter worth approximately $49,000. Strategic Investment Solutions Inc. IL bought a new stake in Schwab Short-Term U.S. Treasury ETF in the second quarter valued at approximately $51,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at approximately $51,000.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.06 on Wednesday. The firm has a 50 day moving average price of $24.18 and a two-hundred day moving average price of $24.24. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.85 and a 52-week high of $24.53.

Schwab Short-Term U.S. Treasury ETF 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.