Smartleaf Asset Management LLC Has $170,000 Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Smartleaf Asset Management LLC raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 490.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,971 shares of the company’s stock after purchasing an additional 5,790 shares during the period. Smartleaf Asset Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $170,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHO. Brighton Jones LLC increased its holdings in shares of 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 purchasing an additional 12,810 shares during the last quarter. Boothbay Fund Management LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at $736,000. Beacon Pointe Advisors LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 105.2% in the fourth quarter. Beacon Pointe Advisors LLC now owns 146,844 shares of the company’s stock valued at $3,533,000 after purchasing an additional 75,293 shares during the last quarter. Northern Trust Corp acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at $234,000. Finally, Valley Financial Group Inc. increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 87.2% in the fourth quarter. Valley Financial Group Inc. now owns 100,348 shares of the company’s stock valued at $2,414,000 after purchasing an additional 46,729 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.1%

NYSEARCA:SCHO opened at $24.40 on Thursday. The firm’s fifty day moving average price is $24.30 and its two-hundred day moving average price is $24.28. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.06 and a one year high of $24.53.

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.