Heritage Wealth Management Inc. CA Acquires Shares of 77,000 Schwab Short-Term U.S. Treasury ETF $SCHO

Heritage Wealth Management Inc. CA purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the 4th quarter, Holdings Channel.com reports. The firm purchased 77,000 shares of the company’s stock, valued at approximately $1,876,000. Schwab Short-Term U.S. Treasury ETF accounts for about 1.2% of Heritage Wealth Management Inc. CA’s holdings, making the stock its 28th biggest position.

Several other large investors have also modified their holdings of SCHO. Bank of America Corp DE raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 8.8% during the third quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock worth $2,895,446,000 after purchasing an additional 9,578,278 shares during the last quarter. Willis Johnson & Associates Inc. purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth approximately $33,121,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 89.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,744,373 shares of the company’s stock worth $66,880,000 after purchasing an additional 1,292,926 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% during the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after purchasing an additional 1,237,815 shares during the last quarter. Finally, Sei Investments Co. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 3.4% during the third quarter. Sei Investments Co. now owns 17,596,729 shares of the company’s stock worth $429,361,000 after purchasing an additional 570,536 shares during the last quarter.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.15 on Thursday. The business has a 50 day simple moving average of $24.24 and a 200-day simple moving average of $24.33. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.13 and a 12 month high of $24.46.

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.