Princeton Global Asset Management LLC Acquires 40,005 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Princeton Global Asset Management LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 121.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,932 shares of the company’s stock after purchasing an additional 40,005 shares during the quarter. Princeton Global Asset Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,755,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHO. Kennebec Savings Bank bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth about $26,000. Spire Wealth Management boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% during the fourth quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock worth $29,000 after acquiring an additional 612 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 213.3% during the fourth quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock worth $31,000 after acquiring an additional 864 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at approximately $37,000. Finally, Davis Capital Management increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 78.5% during the fourth quarter. Davis Capital Management now owns 1,992 shares of the company’s stock worth $48,000 after purchasing an additional 876 shares during the period.

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

SCHO opened at $24.24 on Monday. The business has a fifty day simple moving average of $24.16 and a 200 day simple moving average of $24.26. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.53.

Schwab Short-Term U.S. Treasury ETF Company 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.