PNC Financial Services Group Inc. Has $94.47 Million Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

PNC Financial Services Group Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 3.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,876,303 shares of the company’s stock after purchasing an additional 113,120 shares during the period. PNC Financial Services Group Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $94,466,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SCHO. Sherman Asset Management Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.2% in the second quarter. Sherman Asset Management Inc. now owns 38,821 shares of the company’s stock valued at $946,000 after buying an additional 464 shares during the period. Altfest L J & Co. Inc. increased its stake in Schwab Short-Term U.S. Treasury ETF by 1.6% during the fourth quarter. Altfest L J & Co. Inc. now owns 30,311 shares of the company’s stock valued at $739,000 after acquiring an additional 480 shares during the period. Live Oak Private Wealth LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 2.2% during the fourth quarter. Live Oak Private Wealth LLC now owns 22,930 shares of the company’s stock valued at $559,000 after acquiring an additional 494 shares during the period. Founders Financial Alliance LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 20.5% in the 3rd quarter. Founders Financial Alliance LLC now owns 2,904 shares of the company’s stock valued at $71,000 after acquiring an additional 495 shares in the last quarter. Finally, Birchbrook Inc. raised its holdings in Schwab Short-Term U.S. Treasury ETF by 3.1% in the 4th quarter. Birchbrook Inc. now owns 17,992 shares of the company’s stock valued at $438,000 after acquiring an additional 536 shares in the last quarter.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.2%

Shares of SCHO stock opened at $24.15 on Thursday. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.10 and a 12 month high of $24.46. The stock has a 50 day moving average of $24.22 and a two-hundred day moving average of $24.32.

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.