Verdence Capital Advisors LLC Increases Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Verdence Capital Advisors LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 310.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,112 shares of the company’s stock after acquiring an additional 67,393 shares during the period. Verdence Capital Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,169,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE grew its stake in Schwab Short-Term U.S. Treasury ETF by 104.9% in the 4th quarter. Bank of America Corp DE now owns 160,244,548 shares of the company’s stock worth $3,855,484,000 after buying an additional 82,051,493 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 75.1% in the fourth quarter. Ameriprise Financial Inc. now owns 21,347,139 shares of the company’s stock valued at $513,204,000 after acquiring an additional 9,152,670 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Schwab Short-Term U.S. Treasury ETF by 138.3% during the fourth quarter. JPMorgan Chase & Co. now owns 20,762,162 shares of the company’s stock valued at $499,538,000 after buying an additional 12,048,633 shares during the period. Sei Investments Co. lifted its position in Schwab Short-Term U.S. Treasury ETF by 109.8% during the fourth quarter. Sei Investments Co. now owns 16,267,808 shares of the company’s stock valued at $391,403,000 after buying an additional 8,514,242 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 6.1% during the first quarter. Envestnet Asset Management Inc. now owns 7,645,106 shares of the company’s stock valued at $186,082,000 after acquiring an additional 437,251 shares in the last quarter.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.27 on Friday. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.06 and a one year high of $24.54. The business’s fifty day moving average is $24.27 and its 200 day moving average 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.