Bank of Marin Acquires 39,115 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Bank of Marin boosted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 104.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 76,575 shares of the company’s stock after buying an additional 39,115 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up about 1.5% of Bank of Marin’s holdings, making the stock its 16th biggest holding. Bank of Marin’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,842,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kennebec Savings Bank raised its holdings in Schwab Short-Term U.S. Treasury ETF by 100.0% during the 4th quarter. Kennebec Savings Bank now owns 1,072 shares of the company’s stock valued at $26,000 after buying an additional 536 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at $26,000. Aspect Partners LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at $26,000. Smartleaf Asset Management LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 100.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock valued at $28,000 after buying an additional 591 shares during the last quarter. Finally, Spire Wealth Management raised its holdings in Schwab Short-Term U.S. Treasury ETF by 100.0% in the 4th quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock worth $29,000 after purchasing an additional 612 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.26 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.85 and a 12 month high of $24.54. The firm has a fifty day simple moving average of $24.20 and a two-hundred day simple moving average of $24.24.

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.