Fifth Third Securities Inc. Increases Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Fifth Third Securities Inc. boosted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 1,524.2% during the 4th quarter, Holdings Channel reports. The firm owned 201,128 shares of the company’s stock after buying an additional 188,745 shares during the quarter. Fifth Third Securities Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $4,839,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Northeast Financial Group Inc. lifted its stake in Schwab Short-Term U.S. Treasury ETF by 111.8% in the 4th quarter. Northeast Financial Group Inc. now owns 484,650 shares of the company’s stock worth $11,661,000 after purchasing an additional 255,827 shares in the last quarter. DMC Group LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 98.4% during the 4th quarter. DMC Group LLC now owns 50,590 shares of the company’s stock valued at $1,217,000 after buying an additional 25,085 shares in the last quarter. Foster & Motley Inc. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 136.2% during the 4th quarter. Foster & Motley Inc. now owns 12,654 shares of the company’s stock valued at $304,000 after buying an additional 7,296 shares in the last quarter. VanderPol Investments L.L.C. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 87.7% during the 4th quarter. VanderPol Investments L.L.C. now owns 23,843 shares of the company’s stock valued at $574,000 after buying an additional 11,137 shares in the last quarter. Finally, Strategic Blueprint LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 66.0% during the 4th quarter. Strategic Blueprint LLC now owns 75,390 shares of the company’s stock valued at $1,814,000 after buying an additional 29,964 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.23 on Friday. The firm’s 50-day moving average price is $24.16 and its 200-day moving average price is $24.26. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $23.85 and a 12-month high of $24.53.

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.