Cerity Partners LLC Trims Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Cerity Partners LLC reduced its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 23.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,110,710 shares of the company’s stock after selling 656,792 shares during the period. Cerity Partners LLC owned about 0.43% of Schwab Short-Term U.S. Treasury ETF worth $51,438,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kilner Capital Advisors LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter worth $282,000. Milestone Investment Advisors LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 2.8% during the fourth quarter. Milestone Investment Advisors LLC now owns 366,728 shares of the company’s stock worth $8,937,000 after acquiring an additional 9,987 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 6.9% during the fourth quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock worth $514,393,000 after acquiring an additional 1,357,429 shares during the last quarter. Vermillion Wealth Management Inc. boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 399.2% during the fourth quarter. Vermillion Wealth Management Inc. now owns 11,267 shares of the company’s stock worth $275,000 after acquiring an additional 9,010 shares during the last quarter. Finally, MCF Advisors LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 4.2% during the fourth quarter. MCF Advisors LLC now owns 2,711,604 shares of the company’s stock worth $66,082,000 after acquiring an additional 110,355 shares during the last quarter.

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

Shares of NYSEARCA:SCHO opened at $24.08 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.06 and a fifty-two week high of $24.46. The firm has a fifty day moving average price of $24.19 and a 200 day moving average price of $24.30.

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.