2,768,028 Shares in Schwab Short-Term U.S. Treasury ETF $SCHO Acquired by Bangor Savings Bank

Bangor Savings Bank bought a new position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,768,028 shares of the company’s stock, valued at approximately $66,045,000. Schwab Short-Term U.S. Treasury ETF comprises about 5.0% of Bangor Savings Bank’s portfolio, making the stock its 4th biggest holding. Bangor Savings Bank owned about 0.43% of Schwab Short-Term U.S. Treasury ETF at the end of the most recent quarter.

Several other large investors have also modified their holdings of SCHO. Avior Wealth Management LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 2.4% in the second quarter. Avior Wealth Management LLC now owns 1,083,719 shares of the company’s stock valued at $26,161,000 after buying an additional 25,548 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 25.1% in the 2nd quarter. Baird Financial Group Inc. now owns 347,965 shares of the company’s stock worth $8,400,000 after acquiring an additional 69,705 shares during the last quarter. Three Seasons Wealth LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 1st quarter worth approximately $622,000. Sapient Capital LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the second quarter valued at approximately $592,000. Finally, NewEdge Advisors LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 31.0% during the second quarter. NewEdge Advisors LLC now owns 190,099 shares of the company’s stock worth $4,589,000 after buying an additional 45,012 shares during the period.

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

SCHO traded up $0.02 during mid-day trading on Tuesday, hitting $23.85. 5,431,264 shares of the stock were exchanged, compared to its average volume of 4,054,384. The firm’s fifty day moving average is $24.00 and its two-hundred day moving average is $24.10. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.79 and a 1-year high of $24.46.

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.