David Wealth Management LLC Has $425,000 Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

David Wealth Management LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 110.5% during the second quarter, HoldingsChannel reports. The fund owned 17,418 shares of the company’s stock after acquiring an additional 9,144 shares during the quarter. David Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $425,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its holdings in Schwab Short-Term U.S. Treasury ETF by 2.3% during the 1st quarter. Ameriprise Financial Inc. now owns 21,839,892 shares of the company’s stock worth $531,926,000 after purchasing an additional 492,753 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 3.4% during the first quarter. JPMorgan Chase & Co. now owns 21,461,902 shares of the company’s stock valued at $522,383,000 after buying an additional 699,740 shares during the last quarter. Jane Street Group LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 18,907.4% during the first quarter. Jane Street Group LLC now owns 11,903,400 shares of the company’s stock worth $289,729,000 after buying an additional 11,840,775 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in 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 worth $186,082,000 after buying an additional 437,251 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 4.3% in the 1st quarter. Wealthfront Advisers LLC now owns 3,916,163 shares of the company’s stock valued at $95,319,000 after buying an additional 160,299 shares during the last quarter.

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

Shares of NYSEARCA:SCHO opened at $24.36 on Monday. The stock’s fifty day simple moving average is $24.36 and its two-hundred day simple moving average is $24.32. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.06 and a 1-year high of $24.47.

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.