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

Charles Schwab Trust Co lowered its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 1.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 820,014 shares of the company’s stock after selling 15,082 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises about 1.7% of Charles Schwab Trust Co’s holdings, making the stock its 17th largest position. Charles Schwab Trust Co owned 0.19% of Schwab Short-Term U.S. Treasury ETF worth $19,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of SCHO. Maltin Wealth Management Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 4.2% in the first quarter. Maltin Wealth Management Inc. now owns 201,696 shares of the company’s stock valued at $4,909,000 after purchasing an additional 8,075 shares during the period. L. Roy Papp & Associates LLP boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 6.6% in the 1st quarter. L. Roy Papp & Associates LLP now owns 12,112 shares of the company’s stock valued at $295,000 after purchasing an additional 749 shares during the last quarter. SMI Advisory Services LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 16.8% in the 1st quarter. SMI Advisory Services LLC now owns 349,794 shares of the company’s stock worth $8,510,000 after buying an additional 50,422 shares during the period. Hennion & Walsh Asset Management Inc. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 40.5% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 50,753 shares of the company’s stock worth $1,235,000 after buying an additional 14,632 shares during the period. Finally, Rialto Wealth Management LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 2.3% in the first quarter. Rialto Wealth Management LLC now owns 109,538 shares of the company’s stock valued at $2,666,000 after acquiring an additional 2,434 shares during the last quarter.

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

SCHO stock opened at $24.25 on Thursday. The stock has a 50-day moving average price of $24.31 and a two-hundred day moving average price of $24.23. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $23.94 and a 12-month high of $24.54.

About Schwab Short-Term U.S. Treasury ETF

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.