Northeast Financial Group Inc. Buys 255,827 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Northeast Financial Group Inc. lifted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 111.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 484,650 shares of the company’s stock after purchasing an additional 255,827 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for 4.3% of Northeast Financial Group Inc.’s portfolio, making the stock its 6th largest position. Northeast Financial Group Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $11,661,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of SCHO. Independent Solutions Wealth Management LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 15.5% in the 3rd quarter. Independent Solutions Wealth Management LLC now owns 104,707 shares of the company’s stock valued at $5,129,000 after buying an additional 14,036 shares during the period. Apella Capital LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 72.1% in the fourth quarter. Apella Capital LLC now owns 782,878 shares of the company’s stock valued at $18,836,000 after acquiring an additional 327,916 shares during the last quarter. Synovus Financial Corp boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 64.0% in the third quarter. Synovus Financial Corp now owns 14,514 shares of the company’s stock valued at $711,000 after acquiring an additional 5,662 shares during the last quarter. World Investment Advisors LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 1.3% in the third quarter. World Investment Advisors LLC now owns 346,995 shares of the company’s stock worth $16,996,000 after purchasing an additional 4,295 shares during the period. Finally, Carnegie Investment Counsel raised its holdings in Schwab Short-Term U.S. Treasury ETF by 62.1% during the 4th quarter. Carnegie Investment Counsel now owns 12,055 shares of the company’s stock worth $290,000 after purchasing an additional 4,619 shares during the last quarter.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.24 on Thursday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.53. The company’s 50-day moving average is $24.16 and its two-hundred day moving average is $24.26.

About Schwab Short-Term U.S. Treasury ETF

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.