Evensky & Katz LLC Purchases New Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Evensky & Katz LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the third quarter, Holdings Channel reports. The fund purchased 219,423 shares of the company’s stock, valued at approximately $5,235,000. Schwab Short-Term U.S. Treasury ETF accounts for 0.3% of Evensky & Katz LLC’s holdings, making the stock its 26th largest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 72.7% in the second quarter. Envestnet Asset Management Inc. now owns 13,249,057 shares of the company’s stock valued at $319,832,000 after purchasing an additional 5,577,503 shares during the last quarter. MCF Advisors LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 60.8% during the second quarter. MCF Advisors LLC now owns 4,431,584 shares of the company’s stock valued at $106,978,000 after purchasing an additional 1,676,213 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 5.9% in the first quarter. PNC Financial Services Group Inc. now owns 4,104,187 shares of the company’s stock worth $99,609,000 after purchasing an additional 227,884 shares during the last quarter. Bangor Savings Bank purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter worth $66,045,000. Finally, Fiduciary Financial Group LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5.9% in the second quarter. Fiduciary Financial Group LLC now owns 2,304,888 shares of the company’s stock worth $55,640,000 after buying an additional 128,147 shares during the period.

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

Shares of NYSEARCA SCHO opened at $23.94 on Wednesday. The firm’s fifty day moving average is $23.94 and its 200 day moving average is $24.15. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $23.79 and a 52 week 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.