Koshinski Asset Management Inc. Has $1.53 Million Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Koshinski Asset Management Inc. raised its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 1.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 62,775 shares of the company’s stock after acquiring an additional 810 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,530,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Independent Wealth Network Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.3% in the 2nd quarter. Independent Wealth Network Inc. now owns 18,711 shares of the company’s stock valued at $456,000 after acquiring an additional 416 shares in the last quarter. Beacon Financial Advisory LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 0.9% in the second quarter. Beacon Financial Advisory LLC now owns 51,447 shares of the company’s stock valued at $1,254,000 after purchasing an additional 445 shares in the last quarter. VanderPol Investments L.L.C. grew its stake in Schwab Short-Term U.S. Treasury ETF by 2.1% in the first quarter. VanderPol Investments L.L.C. now owns 24,342 shares of the company’s stock valued at $592,000 after purchasing an additional 499 shares in the last quarter. LifePlan Financial LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 1.3% during the 2nd quarter. LifePlan Financial LLC now owns 42,234 shares of the company’s stock worth $1,030,000 after purchasing an additional 545 shares during the last quarter. Finally, Bright Futures Wealth Management LLC. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.4% during the 1st quarter. Bright Futures Wealth Management LLC. now owns 41,910 shares of the company’s stock worth $1,022,000 after purchasing an additional 559 shares in the last quarter.

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

NYSEARCA SCHO opened at $24.44 on Friday. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.06 and a 12 month high of $24.47. The stock has a 50 day moving average of $24.38 and a 200-day moving average of $24.32.

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.