Smithbridge Asset Management Inc. DE Trims Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Smithbridge Asset Management Inc. DE decreased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 53.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 47,777 shares of the company’s stock after selling 54,877 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,160,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 227.2% during the 4th quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock worth $444,000 after purchasing an additional 12,810 shares during the period. Diversify Advisory Services LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the 2nd quarter valued at $2,798,000. Ameriprise Financial Inc. lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after buying an additional 1,237,815 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 17.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 444,031 shares of the company’s stock worth $10,825,000 after buying an additional 65,157 shares during the period. Finally, Benjamin Edwards Inc. grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 14.5% during the 2nd quarter. Benjamin Edwards Inc. now owns 106,542 shares of the company’s stock worth $2,597,000 after buying an additional 13,456 shares in the last quarter.

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

SCHO opened at $24.05 on Thursday. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.04 and a 12-month high of $24.46. The business’s fifty day simple moving average is $24.15 and its 200-day simple moving average is $24.27.

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.