Cedar Wealth Management LLC Has $1.87 Million Stock Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Cedar Wealth Management LLC reduced its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 13.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 38,835 shares of the company’s stock after selling 5,842 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up 0.6% of Cedar Wealth Management LLC’s investment portfolio, making the stock its 23rd biggest position. Cedar Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,869,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of SCHO. Exchange Capital Management Inc. boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 3.6% during the second quarter. Exchange Capital Management Inc. now owns 5,909 shares of the company’s stock valued at $284,000 after purchasing an additional 208 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 0.7% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 31,138 shares of the company’s stock valued at $1,499,000 after purchasing an additional 231 shares in the last quarter. Claro Advisors LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 4.3% during the 2nd quarter. Claro Advisors LLC now owns 5,653 shares of the company’s stock valued at $272,000 after purchasing an additional 231 shares during the last quarter. Planned Solutions Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 1.5% during the second quarter. Planned Solutions Inc. now owns 15,690 shares of the company’s stock worth $755,000 after buying an additional 234 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 24.6% in the second quarter. Fifth Third Bancorp now owns 1,184 shares of the company’s stock valued at $57,000 after purchasing an additional 234 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.1 %

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $48.99 on Friday. The business’s fifty day simple moving average is $48.64 and its 200 day simple moving average is $48.23. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $47.65 and a 12 month high of $49.04.

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.