Rialto Wealth Management LLC Sells 4,318 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Rialto Wealth Management LLC reduced its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 3.9% during the second quarter, Holdings Channel reports. The institutional investor owned 105,220 shares of the company’s stock after selling 4,318 shares during the period. Rialto Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,565,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 18,907.4% in the first quarter. Jane Street Group LLC now owns 11,903,400 shares of the company’s stock worth $289,729,000 after purchasing an additional 11,840,775 shares in the last quarter. Stephens Group Asset Management LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 380.8% during the 2nd quarter. Stephens Group Asset Management LLC now owns 1,876,668 shares of the company’s stock valued at $45,753,000 after buying an additional 1,486,385 shares in the last quarter. Moisand Fitzgerald Tamayo LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 55.5% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 3,245,196 shares of the company’s stock worth $79,118,000 after buying an additional 1,158,797 shares during the period. Inspire Investing LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter valued at about $22,689,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 3.4% in the first 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.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.0%

NYSEARCA:SCHO opened at $24.37 on Friday. The stock has a 50-day moving average price of $24.39 and a 200 day moving average price of $24.33. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.06 and a 12-month 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.