Charles Schwab Trust Co Raises Stock Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Charles Schwab Trust Co grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 113.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 835,096 shares of the company’s stock after buying an additional 444,447 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up 1.7% of Charles Schwab Trust Co’s investment portfolio, making the stock its 18th largest position. Charles Schwab Trust Co’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $20,092,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hart & Patterson Financial Group LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 1.4% during the third quarter. Hart & Patterson Financial Group LLC now owns 27,454 shares of the company’s stock valued at $1,345,000 after acquiring an additional 374 shares in the last quarter. Lummis Asset Management LP grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.1% in the second quarter. Lummis Asset Management LP now owns 37,479 shares of the company’s stock worth $1,804,000 after acquiring an additional 397 shares during the period. Savvy Advisors Inc. raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.9% during the third quarter. Savvy Advisors Inc. now owns 23,138 shares of the company’s stock valued at $1,133,000 after purchasing an additional 430 shares during the last quarter. Princeton Global Asset Management LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 1.3% in the third quarter. Princeton Global Asset Management LLC now owns 32,927 shares of the company’s stock worth $1,613,000 after purchasing an additional 436 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV grew its position in Schwab Short-Term U.S. Treasury ETF by 3.9% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 12,436 shares of the company’s stock worth $609,000 after purchasing an additional 467 shares during the period.

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

SCHO stock opened at $24.17 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.53. The stock’s fifty day moving average price is $24.15 and its 200-day moving average price is $24.25.

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.