Stephens Group Asset Management LLC raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report) by 6.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,712,575 shares of the company’s stock after buying an additional 99,898 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises 2.3% of Stephens Group Asset Management LLC’s holdings, making the stock its 15th largest position. Stephens Group Asset Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $40,862,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its stake in Schwab Short-Term U.S. Treasury ETF by 72.7% in the second quarter. Envestnet Asset Management Inc. now owns 13,249,057 shares of the company’s stock valued at $319,832,000 after purchasing an additional 5,577,503 shares in the last quarter. Bangor Savings Bank bought a new position in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth $66,045,000. MassMutual Private Wealth & Trust FSB acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at $40,451,000. MCF Advisors LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 60.8% in the 2nd quarter. MCF Advisors LLC now owns 4,431,584 shares of the company’s stock valued at $106,978,000 after buying an additional 1,676,213 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 6.9% in the 4th quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock valued at $514,393,000 after buying an additional 1,357,429 shares in the last quarter.
Schwab Short-Term U.S. Treasury ETF Stock Down 0.1%
NYSEARCA:SCHO traded down $0.01 on Friday, reaching $23.86. The company’s stock had a trading volume of 1,558,541 shares, compared to its average volume of 4,046,571. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.79 and a 1-year high of $24.46. The business’s 50-day moving average price is $23.98 and its two-hundred day moving average price is $24.09.
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.
Featured Articles
- Five stocks we like better than Schwab Short-Term U.S. Treasury ETF
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
- Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
Want to see what other hedge funds are holding SCHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report).
Receive News & Ratings for Schwab Short-Term U.S. Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Short-Term U.S. Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.
