Schwab Short-Term U.S. Treasury ETF $SCHO Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp raised its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 5,244.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,859 shares of the company’s stock after buying an additional 28,319 shares during the quarter. Fifth Third Bancorp’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $700,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 3.2% in the fourth quarter. Bank of America Corp DE now owns 122,501,159 shares of the company’s stock valued at $2,985,353,000 after acquiring an additional 3,835,325 shares in the last quarter. Ameriprise Financial Inc. increased its position in Schwab Short-Term U.S. Treasury ETF by 5.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after purchasing an additional 1,237,815 shares in the last quarter. JPMorgan Chase & Co. increased its position in Schwab Short-Term U.S. Treasury ETF by 6.9% during the 4th quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock worth $514,393,000 after purchasing an additional 1,357,429 shares in the last quarter. Valpey Financial Services LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 2,499.8% in the 4th quarter. Valpey Financial Services LLC now owns 5,246,793 shares of the company’s stock valued at $127,864,000 after purchasing an additional 5,044,981 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 7.6% in the 4th quarter. Wealthfront Advisers LLC now owns 4,077,325 shares of the company’s stock valued at $99,364,000 after purchasing an additional 289,578 shares during the last quarter.

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

NYSEARCA:SCHO opened at $24.06 on Tuesday. The company’s 50-day moving average is $24.10 and its two-hundred day moving average is $24.23. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.03 and a 12-month high of $24.46.

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.