Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Bought by Ridgewood Investments LLC

Ridgewood Investments LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 98.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,370 shares of the company’s stock after acquiring an additional 15,570 shares during the quarter. Ridgewood Investments LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $755,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SCHO. Jane Street Group LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at approximately $423,782,000. Bank of Montreal Can lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 15,996.5% in the 3rd quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock valued at $127,921,000 after buying an additional 2,591,761 shares during the period. Bangor Savings Bank lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 109.2% in the 4th quarter. Bangor Savings Bank now owns 1,666,108 shares of the company’s stock valued at $40,087,000 after buying an additional 869,727 shares during the period. LPL Financial LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 60.8% in the 2nd quarter. LPL Financial LLC now owns 1,678,323 shares of the company’s stock valued at $80,778,000 after buying an additional 634,343 shares during the period. Finally, Diversify Wealth Management LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2,410.8% in the 3rd quarter. Diversify Wealth Management LLC now owns 551,995 shares of the company’s stock valued at $27,037,000 after buying an additional 530,010 shares during the period.

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

SCHO stock traded down $0.03 during midday trading on Friday, hitting $24.12. 1,425,945 shares of the stock were exchanged, compared to its average volume of 2,182,172. The stock’s 50-day moving average price is $24.16 and its 200-day moving average price is $24.24. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.85 and a fifty-two week high of $24.53.

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.