Naviter Wealth LLC Invests $1.01 Million in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Naviter Wealth LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 41,816 shares of the company’s stock, valued at approximately $1,006,000.

A number of other large investors also recently made changes to their positions in the company. Independent Solutions Wealth Management LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 15.5% during the 3rd quarter. Independent Solutions Wealth Management LLC now owns 104,707 shares of the company’s stock worth $5,129,000 after buying an additional 14,036 shares in the last quarter. Apella Capital LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 72.1% during the fourth quarter. Apella Capital LLC now owns 782,878 shares of the company’s stock valued at $18,836,000 after acquiring an additional 327,916 shares during the last quarter. Synovus Financial Corp lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 64.0% during the third quarter. Synovus Financial Corp now owns 14,514 shares of the company’s stock worth $711,000 after acquiring an additional 5,662 shares during the period. World Investment Advisors LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 1.3% in the third quarter. World Investment Advisors LLC now owns 346,995 shares of the company’s stock worth $16,996,000 after purchasing an additional 4,295 shares during the last quarter. Finally, Hendershot Investments Inc. grew its stake in Schwab Short-Term U.S. Treasury ETF by 185.4% in the 4th quarter. Hendershot Investments Inc. now owns 1,270 shares of the company’s stock valued at $31,000 after purchasing an additional 825 shares during the period.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.25 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.53. The stock has a fifty day moving average price of $24.18 and a 200-day moving average price of $24.25.

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.