Towneley Capital Management Inc DE trimmed its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report) by 34.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 535,171 shares of the company’s stock after selling 279,044 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for approximately 3.0% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 10th biggest position. Towneley Capital Management Inc DE owned approximately 0.12% of Schwab Short-Term U.S. Treasury ETF worth $13,047,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in SCHO. Morling Financial Advisors LLC bought a new position in Schwab Short-Term U.S. Treasury ETF during the first quarter worth $25,000. Rossby Financial LCC bought a new position in Schwab Short-Term U.S. Treasury ETF during the first quarter worth $26,000. von Borstel & Associates Inc. bought a new position in Schwab Short-Term U.S. Treasury ETF during the first quarter worth $27,000. Cooksen Wealth LLC bought a new position in Schwab Short-Term U.S. Treasury ETF during the first quarter worth $32,000. Finally, GSB Wealth Management LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 95.9% during the second quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock worth $33,000 after purchasing an additional 654 shares during the period.
Schwab Short-Term U.S. Treasury ETF Stock Up 0.0%
SCHO stock opened at $24.45 on Tuesday. The company has a fifty day moving average price of $24.38 and a two-hundred day moving average price of $24.32. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.06 and a one year high of $24.47.
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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