Bleakley Financial Group LLC Increases Stock Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Bleakley Financial Group LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 38.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,573 shares of the company’s stock after buying an additional 16,137 shares during the period. Bleakley Financial Group LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,428,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SCHO. Morling Financial Advisors LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the first quarter valued at approximately $25,000. Rossby Financial LCC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the first quarter worth $26,000. von Borstel & Associates Inc. purchased a new position in Schwab Short-Term U.S. Treasury ETF in the first quarter worth $27,000. Cooksen Wealth LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the first quarter worth $32,000. Finally, GSB Wealth Management LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 95.9% in the second quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock worth $33,000 after purchasing an additional 654 shares during the last quarter.

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

SCHO stock opened at $24.45 on Friday. The stock’s fifty day simple moving average is $24.39 and its two-hundred day simple moving average is $24.33. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.06 and a 1-year high of $24.47.

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.