PNC Financial Services Group Inc. Has $60.59 Million Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

PNC Financial Services Group Inc. grew its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 92.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,518,362 shares of the company’s stock after purchasing an additional 1,210,645 shares during the quarter. PNC Financial Services Group Inc. owned about 1.16% of Schwab Short-Term U.S. Treasury ETF worth $60,592,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Berkshire Asset Management LLC PA lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.1% in the 4th quarter. Berkshire Asset Management LLC PA now owns 93,813 shares of the company’s stock valued at $2,270,000 after purchasing an additional 1,964 shares during the period. K2 Financial Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth $1,175,000. Jackson Creek Investment Advisors LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 105.7% during the 4th quarter. Jackson Creek Investment Advisors LLC now owns 86,121 shares of the company’s stock worth $2,072,000 after buying an additional 44,262 shares during the period. Ashton Thomas Private Wealth LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 162.8% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 15,591 shares of the company’s stock worth $375,000 after buying an additional 9,658 shares during the period. Finally, Aull & Monroe Investment Management Corp raised its stake in Schwab Short-Term U.S. Treasury ETF by 102.3% during the 4th quarter. Aull & Monroe Investment Management Corp now owns 9,748 shares of the company’s stock worth $235,000 after buying an additional 4,929 shares during the period.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.25 on Monday. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.85 and a 12 month high of $24.53. The stock’s fifty day simple moving average is $24.18 and its 200 day simple moving average is $24.25.

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.