Bridge Advisory LLC Reduces Holdings in Schwab Short-Term U.S. Treasury ETF

Bridge Advisory LLC, an investment advisory firm, has decreased its investment in the Schwab Short-Term U.S. Treasury ETF by 5.5%. This move came during the third quarter, as reported through the firm's latest Form 13F filing with the Securities and Exchange Commission (SEC). After the sale of 599 shares, Bridge Advisory LLC's stake in the ETF stood at 10,281 shares. Following this transaction, the value of their holdings in the Schwab Short-Term U.S. Treasury ETF was estimated to be around $492,000 at the end of the recent quarter.

Other institutional investors and hedge funds have been adjusting their portfolios related to SCHO in various ways. Steward Partners Investment Advisory LLC made a notable increase in their shares, boosting their stake by 467.8% during the fourth quarter. Meanwhile, Guardian Wealth Advisors LLC NC and SOA Wealth Advisors LLC. initiated new positions in SCHO in the first and third quarters, respectively. Other entities like Glass Jacobson Investment Advisors llc and Barclays PLC also made new investments in SCHO earlier in the year.

Schwab Short-Term U.S. Treasury ETF Observes Minor Trading Uptick

During recent trading sessions, the Schwab Short-Term U.S. Treasury ETF saw its price increase slightly. On a specific trading day, SCHO's price went up by $0.03, reaching a trading price of $48.46. Despite this minor increase, the trading volume of 698,194 shares is noteworthy when compared to the ETF's average volume of 2,166,530 shares. Looking at its performance metrics, SCHO maintains a 50-day simple moving average of $48.09 and a 200-day simple moving average of $47.99, indicating steady trading trends. The Schwab Short-Term U.S. Treasury ETF's yearly trading window has varied, with a low of $47.65 and a peak of $49.13.

Profile of Schwab Short-Term U.S. Treasury ETF

The Schwab Short-Term U.S. Treasury ETF, known as SCHO, primarily focuses on investment-grade fixed income securities. Tracking a market-value-weighted index, the ETF's portfolio is comprised of U.S. Treasury debt with maturities ranging from one to three years. The exchange-traded fund was launched on August 5, 2010, and is currently managed by Charles Schwab.

BridgeAdvisory, SCHO, Securities