Truist Financial Corp Buys 57,480 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Truist Financial Corp raised its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 7.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 845,565 shares of the company’s stock after purchasing an additional 57,480 shares during the period. Truist Financial Corp’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $20,606,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 8.8% in the 3rd quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock worth $2,895,446,000 after acquiring an additional 9,578,278 shares in the last quarter. Willis Johnson & Associates Inc. bought a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth about $33,121,000. Wealth Enhancement Advisory Services LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 89.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,744,373 shares of the company’s stock worth $66,880,000 after acquiring an additional 1,292,926 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after acquiring an additional 1,237,815 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 3.4% in the 3rd quarter. Sei Investments Co. now owns 17,596,729 shares of the company’s stock worth $429,361,000 after acquiring an additional 570,536 shares in the last quarter.

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

SCHO stock opened at $24.19 on Thursday. The stock has a 50-day moving average price of $24.27 and a 200-day moving average price of $24.34. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.13 and a 1-year high of $24.46.

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.