Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Position Reduced by Pillar Wealth Advisors LLC

Pillar Wealth Advisors LLC trimmed its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 7.6% during the fourth quarter, HoldingsChannel reports. The fund owned 33,282 shares of the company’s stock after selling 2,729 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises approximately 1.2% of Pillar Wealth Advisors LLC’s holdings, making the stock its 21st largest position. Pillar Wealth Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,613,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Sei Investments Co. boosted its stake in Schwab Short-Term U.S. Treasury ETF by 3.3% during the 3rd quarter. Sei Investments Co. now owns 6,669,027 shares of the company’s stock valued at $319,379,000 after acquiring an additional 211,108 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 583.8% during the 3rd quarter. Wealthfront Advisers LLC now owns 2,412,867 shares of the company’s stock valued at $115,552,000 after acquiring an additional 2,060,004 shares during the last quarter. Stifel Financial Corp lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 1.6% in the 3rd quarter. Stifel Financial Corp now owns 2,312,242 shares of the company’s stock worth $110,734,000 after buying an additional 37,402 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 64.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,398,819 shares of the company’s stock worth $66,989,000 after buying an additional 548,650 shares during the last quarter. Finally, Pacific Sage Partners LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 0.6% in the 3rd quarter. Pacific Sage Partners LLC now owns 1,348,867 shares of the company’s stock worth $64,597,000 after buying an additional 8,058 shares during the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock traded down $0.06 during trading hours on Tuesday, reaching $47.85. The company’s stock had a trading volume of 783,474 shares, compared to its average volume of 1,730,300. The company’s 50 day simple moving average is $48.06 and its 200 day simple moving average is $48.15. 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 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.