Fifth Third Securities Inc. Acquires 188,745 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Fifth Third Securities Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 1,524.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 201,128 shares of the company’s stock after acquiring an additional 188,745 shares during the period. Fifth Third Securities Inc. owned about 0.09% of Schwab Short-Term U.S. Treasury ETF worth $4,839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of SCHO. Kennebec Savings Bank bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $26,000. Sound Income Strategies LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 213.3% during the 4th quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock valued at $31,000 after acquiring an additional 864 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $37,000. Davis Capital Management lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 78.5% during the 4th quarter. Davis Capital Management now owns 1,992 shares of the company’s stock valued at $48,000 after buying an additional 876 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $49,000.

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

SCHO opened at $24.23 on Friday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.85 and a fifty-two week high of $24.53. The firm’s fifty day moving average is $24.16 and its 200 day moving average is $24.26.

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.