352,877 Shares in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Purchased by Sims Investment Management LLC

Sims Investment Management LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 352,877 shares of the company’s stock, valued at approximately $8,490,000. Schwab Short-Term U.S. Treasury ETF accounts for approximately 4.8% of Sims Investment Management LLC’s investment portfolio, making the stock its 6th biggest position. Sims Investment Management LLC owned 0.16% of Schwab Short-Term U.S. Treasury ETF as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Kennebec Savings Bank purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth approximately $26,000. Golden State Wealth Management LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth approximately $26,000. Aspect Partners LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth approximately $26,000. Spire Wealth Management increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% during the fourth quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock worth $29,000 after acquiring an additional 612 shares during the period. Finally, Sound Income Strategies LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 213.3% during the fourth quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock worth $31,000 after acquiring an additional 864 shares during the period.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.2 %

NYSEARCA SCHO opened at $24.32 on Friday. The firm’s 50 day moving average price is $24.16 and its 200-day moving average price is $24.25. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.85 and a 52-week high of $24.53.

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.