Marotta Asset Management Sells 31,664 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Marotta Asset Management lowered its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 5.7% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 526,754 shares of the company’s stock after selling 31,664 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up 2.1% of Marotta Asset Management’s holdings, making the stock its 18th biggest holding. Marotta Asset Management owned approximately 0.08% of Schwab Short-Term U.S. Treasury ETF worth $12,568,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SCHO. NBT Bank N A NY grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5,325.0% in the first quarter. NBT Bank N A NY now owns 1,302 shares of the company’s stock worth $32,000 after acquiring an additional 1,278 shares in the last quarter. Physician Wealth Advisors Inc. purchased a new position in Schwab Short-Term U.S. Treasury ETF in the first quarter valued at $34,000. Continuum Advisory LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the second quarter valued at $38,000. Kennebec Savings Bank grew its stake in Schwab Short-Term U.S. Treasury ETF by 78.2% during the 1st quarter. Kennebec Savings Bank now owns 1,900 shares of the company’s stock worth $46,000 after purchasing an additional 834 shares in the last quarter. Finally, First Pacific Financial acquired a new position in Schwab Short-Term U.S. Treasury ETF during the 1st quarter worth $86,000.

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

SCHO stock traded down $0.02 during mid-day trading on Friday, reaching $23.82. The company had a trading volume of 4,498,733 shares, compared to its average volume of 4,047,123. The firm has a fifty day simple moving average of $24.01 and a 200 day simple moving average of $24.11. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.79 and a fifty-two week 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.