Ballast Advisors LLC Has $15.85 Million Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Ballast Advisors LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.2% in the fourth quarter, HoldingsChannel reports. The fund owned 650,187 shares of the company’s stock after buying an additional 26,418 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up 4.4% of Ballast Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Ballast Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $15,845,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Bank of America Corp DE lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 8.8% in the 3rd quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock worth $2,895,446,000 after acquiring an additional 9,578,278 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% during the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after acquiring an additional 1,237,815 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 3.4% during the third quarter. Sei Investments Co. now owns 17,596,729 shares of the company’s stock worth $429,361,000 after purchasing an additional 570,536 shares during the period. Wealthfront Advisers LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 7.6% during 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 period. Finally, Moisand Fitzgerald Tamayo LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 6.7% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 3,670,514 shares of the company’s stock valued at $89,450,000 after purchasing an additional 229,449 shares during the period.

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

Shares of NYSEARCA:SCHO opened at $24.16 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.13 and a 1 year high of $24.46. The stock’s 50-day moving average is $24.27 and its 200 day moving average is $24.34.

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.