Leavell Investment Management Inc. Acquires 58,890 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Leavell Investment Management Inc. boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 5.0% in the third quarter, HoldingsChannel reports. The fund owned 1,236,117 shares of the company’s stock after buying an additional 58,890 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for 1.3% of Leavell Investment Management Inc.’s portfolio, making the stock its 10th biggest holding. Leavell Investment Management Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $30,161,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SCHO. GSB Wealth Management LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 95.9% in the 2nd quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock valued at $33,000 after purchasing an additional 654 shares during the period. Blue Trust Inc. grew its position in Schwab Short-Term U.S. Treasury ETF by 57.4% during the second quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock valued at $52,000 after purchasing an additional 783 shares in the last quarter. Grove Bank & Trust purchased a new position in Schwab Short-Term U.S. Treasury ETF during the second quarter valued at approximately $61,000. AllSquare Wealth Management LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 183.3% in the 2nd quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock valued at $75,000 after buying an additional 2,000 shares during the period. Finally, Fortitude Family Office LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the 2nd quarter worth approximately $106,000.

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

Shares of NYSEARCA:SCHO opened at $24.36 on Friday. The firm has a fifty day moving average of $24.37 and a two-hundred day moving average of $24.36. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.10 and a 12-month high of $24.47.

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.