Prime Capital Investment Advisors LLC Reduces Stock Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Prime Capital Investment Advisors LLC trimmed its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 10.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,619 shares of the company’s stock after selling 2,469 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHO. Raymond James & Associates lifted its position in Schwab Short-Term U.S. Treasury ETF by 2.5% during the 1st quarter. Raymond James & Associates now owns 70,776 shares of the company’s stock worth $3,506,000 after acquiring an additional 1,720 shares during the period. Bank of New York Mellon Corp lifted its position in Schwab Short-Term U.S. Treasury ETF by 426.1% during the 1st quarter. Bank of New York Mellon Corp now owns 56,345 shares of the company’s stock worth $2,791,000 after acquiring an additional 45,635 shares during the period. Baird Financial Group Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 11.9% during the 1st quarter. Baird Financial Group Inc. now owns 98,263 shares of the company’s stock worth $4,868,000 after acquiring an additional 10,418 shares during the period. Prudential Financial Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 115.6% during the 1st quarter. Prudential Financial Inc. now owns 14,859 shares of the company’s stock worth $736,000 after acquiring an additional 7,967 shares during the period. Finally, Laurel Wealth Advisors Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 1.3% during the 1st quarter. Laurel Wealth Advisors Inc. now owns 27,237 shares of the company’s stock worth $1,349,000 after acquiring an additional 358 shares during the period.

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

Shares of SCHO opened at $47.99 on Wednesday. The stock has a 50-day moving average of $48.19 and a two-hundred day moving average of $48.14. Schwab Short-Term U.S. Treasury ETF has a one year low of $47.65 and a one year high of $48.98.

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.