JPMorgan Chase & Co. Acquires 1,357,429 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

JPMorgan Chase & Co. increased its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 6.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 21,107,647 shares of the company’s stock after purchasing an additional 1,357,429 shares during the period. JPMorgan Chase & Co.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $514,393,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vermillion Wealth Management Inc. grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 399.2% in the 4th quarter. Vermillion Wealth Management Inc. now owns 11,267 shares of the company’s stock valued at $275,000 after buying an additional 9,010 shares during the last quarter. MCF Advisors LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 4.2% in the fourth quarter. MCF Advisors LLC now owns 2,711,604 shares of the company’s stock worth $66,082,000 after acquiring an additional 110,355 shares during the period. OneAscent Financial Services LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.1% in the fourth quarter. OneAscent Financial Services LLC now owns 74,429 shares of the company’s stock worth $1,814,000 after acquiring an additional 1,511 shares during the period. FLC Capital Advisors boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 6.8% in the fourth quarter. FLC Capital Advisors now owns 1,629,211 shares of the company’s stock valued at $39,704,000 after acquiring an additional 103,950 shares during the last quarter. Finally, TruNorth Capital Management LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 6.3% in the fourth quarter. TruNorth Capital Management LLC now owns 1,937,988 shares of the company’s stock valued at $47,229,000 after acquiring an additional 114,013 shares during the last quarter.

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

NYSEARCA:SCHO opened at $24.08 on Thursday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.06 and a fifty-two week high of $24.46. The company has a 50 day simple moving average of $24.19 and a two-hundred day simple moving average of $24.30.

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.