United Advisor Group LLC Makes New Investment in Schwab Short-Term U.S. Treasury ETF $SCHO

United Advisor Group LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 51,652 shares of the company’s stock, valued at approximately $1,259,000.

A number of other hedge funds also recently made changes to their positions in the business. Ameriprise Financial Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 2.3% in the 1st 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 in the last quarter. JPMorgan Chase & Co. grew 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 purchasing an additional 699,740 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of 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 valued at $289,729,000 after purchasing an additional 11,840,775 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 8,046,412 shares of the company’s stock valued at $196,172,000 after purchasing an additional 401,306 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 40.7% during the second quarter. PNC Financial Services Group Inc. now owns 3,819,204 shares of the company’s stock valued at $93,112,000 after purchasing an additional 1,104,604 shares in the last quarter.

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

Shares of SCHO opened at $24.36 on Tuesday. The firm 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 52-week low of $24.06 and a 52-week high of $24.47.

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.