Cornerstone Wealth Advisors Inc. Has $2.70 Million Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Cornerstone Wealth Advisors Inc. increased its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 90.8% during the fourth quarter, HoldingsChannel reports. The fund owned 112,125 shares of the company’s stock after buying an additional 53,363 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises about 0.7% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 19th largest position. Cornerstone Wealth Advisors Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,698,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHO. Kennebec Savings Bank acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at $26,000. Sound Income Strategies LLC increased its stake 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 valued at $31,000 after buying an additional 864 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at $37,000. Davis Capital Management increased its stake in Schwab Short-Term U.S. Treasury ETF by 78.5% in the 4th quarter. Davis Capital Management now owns 1,992 shares of the company’s stock valued at $48,000 after buying an additional 876 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at $49,000.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.0 %

Shares of SCHO stock opened at $24.20 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 firm’s fifty day moving average price is $24.16 and its two-hundred day moving average price is $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.