Foster & Motley Inc. reduced its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report) by 9.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 8,802 shares of the company’s stock after selling 951 shares during the quarter. Foster & Motley Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $215,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHO. Ameriprise Financial Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.3% in the first quarter. Ameriprise Financial Inc. now owns 21,839,892 shares of the company’s stock worth $531,926,000 after buying an additional 492,753 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Schwab Short-Term U.S. Treasury ETF by 3.4% in the 1st quarter. JPMorgan Chase & Co. now owns 21,461,902 shares of the company’s stock worth $522,383,000 after acquiring an additional 699,740 shares during the period. Jane Street Group LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 18,907.4% during the 1st quarter. Jane Street Group LLC now owns 11,903,400 shares of the company’s stock worth $289,729,000 after acquiring an additional 11,840,775 shares during the last quarter. Envestnet Asset Management Inc. boosted 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 valued at $186,082,000 after acquiring an additional 437,251 shares during the period. Finally, Wealthfront Advisers LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 4.3% during the first quarter. Wealthfront Advisers LLC now owns 3,916,163 shares of the company’s stock valued at $95,319,000 after acquiring an additional 160,299 shares during the period.
Schwab Short-Term U.S. Treasury ETF Price Performance
NYSEARCA SCHO opened at $24.44 on Monday. The stock has a 50-day simple moving average of $24.38 and a 200 day simple moving average of $24.32. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $24.06 and a twelve month high of $24.47.
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.
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