LPL Financial LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report) by 95.6% during the fourth quarter, Holdings Channel reports. The fund owned 3,361,106 shares of the company’s stock after purchasing an additional 1,642,412 shares during the period. LPL Financial LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $80,868,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the third quarter worth $37,000. OLD Point Trust & Financial Services N A bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at $25,000. Aspect Partners LLC bought a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth about $26,000. Kennebec Savings Bank lifted its position in Schwab Short-Term U.S. Treasury ETF by 100.0% during the 4th quarter. Kennebec Savings Bank now owns 1,072 shares of the company’s stock valued at $26,000 after acquiring an additional 536 shares during the period. Finally, Golden State Wealth Management LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth about $26,000.
Schwab Short-Term U.S. Treasury ETF Stock Performance
Shares of SCHO opened at $24.29 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.85 and a fifty-two week high of $24.54. The firm’s 50-day simple moving average is $24.22 and its two-hundred day simple moving average is $24.24.
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.
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Want to see what other hedge funds are holding SCHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report).
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