Momentum Wealth Planning LLC Has $9.72 Million Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Momentum Wealth Planning LLC raised its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 51.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 400,329 shares of the company’s stock after purchasing an additional 135,274 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises approximately 8.6% of Momentum Wealth Planning LLC’s investment portfolio, making the stock its 3rd biggest holding. Momentum Wealth Planning LLC owned 0.08% of Schwab Short-Term U.S. Treasury ETF worth $9,716,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in Schwab Short-Term U.S. Treasury ETF by 3.2% in the 4th quarter. Bank of America Corp DE now owns 122,501,159 shares of the company’s stock worth $2,985,353,000 after buying an additional 3,835,325 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF by 5.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after acquiring an additional 1,237,815 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Schwab Short-Term U.S. Treasury ETF by 6.9% during the 4th quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock valued at $514,393,000 after acquiring an additional 1,357,429 shares in the last quarter. Valpey Financial Services LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 2,499.8% during the 4th quarter. Valpey Financial Services LLC now owns 5,246,793 shares of the company’s stock worth $127,864,000 after acquiring an additional 5,044,981 shares during the period. Finally, Wealthfront Advisers LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 7.6% during the 4th quarter. Wealthfront Advisers LLC now owns 4,077,325 shares of the company’s stock worth $99,364,000 after acquiring an additional 289,578 shares during the period.

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

NYSEARCA:SCHO opened at $24.10 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.04 and a 1 year high of $24.46. The business has a fifty day moving average of $24.11 and a 200-day moving average of $24.24.

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.