Fifth Third Securities Inc. purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 310,265 shares of the company’s stock, valued at approximately $7,403,000.
Other hedge funds have also modified their holdings of the company. NBT Bank N A NY increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5,325.0% during the first quarter. NBT Bank N A NY now owns 1,302 shares of the company’s stock worth $32,000 after purchasing an additional 1,278 shares in the last quarter. Physician Wealth Advisors Inc. purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter valued at about $34,000. Continuum Advisory LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the second quarter valued at about $38,000. Kennebec Savings Bank raised its stake in Schwab Short-Term U.S. Treasury ETF by 78.2% during the first quarter. Kennebec Savings Bank now owns 1,900 shares of the company’s stock worth $46,000 after purchasing an additional 834 shares during the period. Finally, Gilpin Wealth Management LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 48.2% during the 3rd quarter. Gilpin Wealth Management LLC now owns 2,075 shares of the company’s stock worth $50,000 after buying an additional 675 shares during the last quarter.
Schwab Short-Term U.S. Treasury ETF Price Performance
SCHO stock traded up $0.01 during midday trading on Wednesday, hitting $23.89. 6,912,129 shares of the company’s stock were exchanged, compared to its average volume of 4,072,281. The business has a 50-day simple moving average of $23.96 and a two-hundred day simple moving average of $24.07. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.79 and a 1-year high of $24.46.
Schwab Short-Term U.S. Treasury ETF 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.
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