Lido Advisors LLC Has $2.51 Million Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Lido Advisors LLC reduced its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 43.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 103,489 shares of the company’s stock after selling 81,036 shares during the quarter. Lido Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,512,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Access Financial Services Inc. increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.6% in the fourth quarter. Access Financial Services Inc. now owns 1,381,585 shares of the company’s stock valued at $33,669,000 after buying an additional 34,836 shares during the period. Merit Financial Group LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 20.9% in the fourth quarter. Merit Financial Group LLC now owns 1,889,316 shares of the company’s stock worth $46,043,000 after acquiring an additional 327,024 shares during the period. Triad Wealth Partners LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at approximately $9,879,000. Carnegie Investment Counsel increased its position in Schwab Short-Term U.S. Treasury ETF by 879.4% during the 4th quarter. Carnegie Investment Counsel now owns 96,010 shares of the company’s stock valued at $2,340,000 after purchasing an additional 86,207 shares during the period. Finally, Farrow Financial Inc. increased its position in Schwab Short-Term U.S. Treasury ETF by 11.7% during the 4th quarter. Farrow Financial Inc. now owns 231,380 shares of the company’s stock valued at $5,639,000 after purchasing an additional 24,285 shares during the period.

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

NYSEARCA:SCHO opened at $24.06 on Monday. The firm’s fifty day moving average is $24.11 and its 200-day moving average is $24.23. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $24.03 and a 52 week high of $24.46.

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.