L. Roy Papp & Associates LLP increased its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report) by 103.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,363 shares of the company’s stock after purchasing an additional 5,782 shares during the quarter. L. Roy Papp & Associates LLP’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $273,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Kennebec Savings Bank acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth $26,000. Wilmington Savings Fund Society FSB bought a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth $37,000. MidAtlantic Capital Management Inc. acquired a new position in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth about $49,000. Golden State Wealth Management LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth about $26,000. Finally, Spire Wealth Management raised its position in Schwab Short-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock valued at $29,000 after purchasing an additional 612 shares during the last quarter.
Schwab Short-Term U.S. Treasury ETF Price Performance
Shares of SCHO stock opened at $24.13 on Wednesday. The business’s 50-day moving average price is $24.16 and its 200-day moving average price is $24.26. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.85 and a 12 month high of $24.53.
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.
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