Birchbrook Inc. decreased its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report) by 24.4% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 18,222 shares of the company’s stock after selling 5,869 shares during the quarter. Birchbrook Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $444,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Inspire Advisors LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 75.5% during the 2nd quarter. Inspire Advisors LLC now owns 133,561 shares of the company’s stock worth $3,256,000 after acquiring an additional 57,443 shares during the period. United Advisor Group LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the second quarter worth approximately $1,259,000. Farrow Financial Inc. grew its position in Schwab Short-Term U.S. Treasury ETF by 2.1% in the 2nd quarter. Farrow Financial Inc. now owns 181,750 shares of the company’s stock valued at $4,431,000 after buying an additional 3,764 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in Schwab Short-Term U.S. Treasury ETF by 88.7% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 166,119 shares of the company’s stock valued at $4,050,000 after buying an additional 78,089 shares during the last quarter. Finally, W.H. Cornerstone Investments Inc. acquired a new position in Schwab Short-Term U.S. Treasury ETF in the 2nd quarter valued at $1,989,000.
Schwab Short-Term U.S. Treasury ETF Stock Performance
SCHO stock opened at $24.37 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.06 and a one year high of $24.47. The company has a fifty day moving average of $24.39 and a 200-day moving average of $24.33.
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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Want to see what other hedge funds are holding SCHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report).
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