Schwab Short-Term U.S. Treasury ETF $SCHO Shares Purchased by Ballast Advisors LLC

Ballast Advisors LLC raised its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 5.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 570,173 shares of the company’s stock after purchasing an additional 30,629 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for 4.1% of Ballast Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Ballast Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $13,901,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 227.2% in the fourth quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after purchasing an additional 12,810 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 6.2% during the first quarter. Janney Montgomery Scott LLC now owns 17,318 shares of the company’s stock worth $422,000 after acquiring an additional 1,013 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 100.8% during the first quarter. Golden State Wealth Management LLC now owns 2,155 shares of the company’s stock valued at $52,000 after acquiring an additional 1,082 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 67.3% in the first quarter. Sequoia Financial Advisors LLC now owns 58,169 shares of the company’s stock valued at $1,416,000 after acquiring an additional 23,401 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 5.0% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 15,996 shares of the company’s stock worth $389,000 after purchasing an additional 765 shares during the period.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.45 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.06 and a 1 year high of $24.47. The company’s 50-day moving average is $24.39 and its two-hundred day moving average is $24.33.

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.