Golden State Wealth Management LLC Acquires Shares in Schwab Short-Term U.S. Treasury ETF

On February 13th, 2025, it was reported that Golden State Wealth Management LLC has acquired a new stake in the Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO), as indicated in their latest Form 13F filed with the Securities and Exchange Commission. During the fourth quarter, the firm purchased 1,073 shares of the ETF, which is valued at approximately $26,000.

In addition to this investment, several other institutional investors have recently adjusted their holdings in the Schwab Short-Term U.S. Treasury ETF. For example, Kennebec Savings Bank also bought a new stake in the third quarter, valued also around $26,000. Furthermore, Spire Wealth Management has doubled its holdings by acquiring an additional 612 shares during the fourth quarter, bringing their total ownership to 1,224 shares, now valued at $29,000.

Sound Income Strategies LLC has seen a significant increase in its investment, boosting its holdings by 213.3% in the same period; they now own 1,269 shares valued at $31,000 after adding 864 shares to their portfolio. Wilmington Savings Fund Society FSB also entered a new position in the third quarter, valued at $37,000. Lastly, Davis Capital Management expanded its stake by 78.5% in the fourth quarter, reaching a total of 1,992 shares now valued at $48,000 after acquiring an additional 876 shares.

Current Trading Performance

As for the trading performance of the Schwab Short-Term U.S. Treasury ETF, shares opened at $24.10 on Thursday. The ETF has a 50-day moving average of $24.16 and a 200-day moving average of $24.26, marking a one-year low of $23.85 and a one-year high of $24.53.

Understanding the Schwab Short-Term U.S. Treasury ETF

The Schwab Short-Term U.S. Treasury ETF, commonly known as SCHO, focuses primarily on investing in investment-grade fixed income. The fund aims to track a market-value-weighted index comprised of U.S. Treasury debt, excluding STRIPS, with maturities ranging from 1 to 3 years. Since its launch on August 5, 2010, it has been managed by Charles Schwab.

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In conclusion, the growing interest from institutional investors in the Schwab Short-Term U.S. Treasury ETF suggests its increasing significance in the market. Stakeholders are closely monitoring its performance as they adjust their investment strategies accordingly.

investment, ETF, finance