Forza Wealth Management LLC Sells 25,126 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Forza Wealth Management LLC lowered its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 25.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 73,816 shares of the company’s stock after selling 25,126 shares during the period. Forza Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,776,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $423,782,000. Sei Investments Co. increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 1.9% during the second quarter. Sei Investments Co. now owns 7,598,948 shares of the company’s stock valued at $365,738,000 after acquiring an additional 144,515 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 6.1% during the second quarter. Envestnet Asset Management Inc. now owns 3,190,119 shares of the company’s stock valued at $153,540,000 after acquiring an additional 182,056 shares during the last quarter. Stifel Financial Corp increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 4.4% during the third quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock valued at $146,894,000 after acquiring an additional 127,669 shares during the last quarter. Finally, Bank of Montreal Can increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 15,996.5% during the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock valued at $127,921,000 after acquiring an additional 2,591,761 shares during the last quarter.

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

Shares of SCHO remained flat at $24.10 on Monday. The company had a trading volume of 1,524,280 shares, compared to its average volume of 2,373,664. The business has a 50-day moving average price of $24.16 and a 200 day moving average price of $24.25. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one 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.