Bay Colony Advisory Group Inc d b a Bay Colony Advisors Makes New $1.26 Million Investment in Schwab Short-Term U.S. Treasury ETF $SCHO

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 51,676 shares of the company’s stock, valued at approximately $1,260,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Clear Investment Research LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 2.4% during the second quarter. Clear Investment Research LLC now owns 78,324 shares of the company’s stock worth $1,910,000 after purchasing an additional 1,809 shares in the last quarter. Assetmark Inc. grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 36.2% during the second quarter. Assetmark Inc. now owns 888,728 shares of the company’s stock worth $21,667,000 after purchasing an additional 236,229 shares in the last quarter. Arkadios Wealth Advisors grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 5.9% during the second quarter. Arkadios Wealth Advisors now owns 10,895 shares of the company’s stock worth $266,000 after purchasing an additional 610 shares in the last quarter. World Investment Advisors grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 2.0% during the second quarter. World Investment Advisors now owns 572,558 shares of the company’s stock worth $13,959,000 after purchasing an additional 11,378 shares in the last quarter. Finally, WNY Asset Management LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 11.2% during the second quarter. WNY Asset Management LLC now owns 262,300 shares of the company’s stock worth $6,395,000 after purchasing an additional 26,466 shares in the last quarter.

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

NYSEARCA:SCHO opened at $24.40 on Friday. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.06 and a 12-month high of $24.47. The stock has a 50-day moving average price of $24.40 and a 200 day moving average price of $24.33.

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.