Charles Schwab Trust Co Grows Stock Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Charles Schwab Trust Co increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 3.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,139,286 shares of the company’s stock after purchasing an additional 37,603 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for about 1.5% of Charles Schwab Trust Co’s holdings, making the stock its 17th biggest holding. Charles Schwab Trust Co’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $27,502,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 227.2% in the fourth quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after acquiring an additional 12,810 shares in the last quarter. Diversify Advisory Services LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the second quarter worth $2,798,000. Ameriprise Financial Inc. boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% in the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after purchasing an additional 1,237,815 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 17.2% in the second quarter. BNP Paribas Financial Markets now owns 444,031 shares of the company’s stock valued at $10,825,000 after purchasing an additional 65,157 shares during the period. Finally, Benjamin Edwards Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 14.5% during the 2nd quarter. Benjamin Edwards Inc. now owns 106,542 shares of the company’s stock valued at $2,597,000 after purchasing an additional 13,456 shares in the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.05 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.02 and a 1-year high of $24.46. The business has a 50-day moving average of $24.09 and a 200-day moving average of $24.21.

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.