Concurrent Investment Advisors LLC Invests $416,000 in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Concurrent Investment Advisors LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,637 shares of the company’s stock, valued at approximately $416,000.

Other large investors have also bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth approximately $5,845,000. Vantage Financial Partners LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the fourth quarter valued at $3,271,000. Benjamin F. Edwards & Company Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 28.9% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 27,602 shares of the company’s stock worth $1,338,000 after acquiring an additional 6,190 shares during the period. Wealthcare Advisory Partners LLC bought a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth about $344,000. Finally, RMR Wealth Builders lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 27.2% in the 4th quarter. RMR Wealth Builders now owns 57,258 shares of the company’s stock valued at $2,774,000 after purchasing an additional 12,242 shares during the period.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $48.65 on Wednesday. The stock’s 50-day moving average is $48.44 and its 200 day moving average is $48.17. Schwab Short-Term U.S. Treasury ETF has a one year low of $47.65 and a one year high of $48.85.

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.