Birmingham Capital Management Co. Inc. AL Sells 22,000 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Birmingham Capital Management Co. Inc. AL trimmed its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 51.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,600 shares of the company’s stock after selling 22,000 shares during the period. Birmingham Capital Management Co. Inc. AL’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $500,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 227.2% in the fourth quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock worth $444,000 after purchasing an additional 12,810 shares during the period. Diversify Advisory Services LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the 2nd quarter valued at approximately $2,798,000. Ameriprise Financial Inc. increased its position in 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 buying an additional 1,237,815 shares during the period. BNP Paribas Financial Markets increased its position in Schwab Short-Term U.S. Treasury ETF by 17.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 444,031 shares of the company’s stock worth $10,825,000 after buying an additional 65,157 shares during the period. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 14.5% during the second quarter. Benjamin Edwards Inc. now owns 106,542 shares of the company’s stock worth $2,597,000 after buying an additional 13,456 shares during the last quarter.

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

SCHO opened at $24.10 on Friday. The business has a 50 day moving average of $24.10 and a 200-day moving average of $24.22. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.03 and a 1-year high of $24.46.

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.