Focus Financial Network Inc. Sells 68,352 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Focus Financial Network Inc. cut its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 23.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 228,865 shares of the company’s stock after selling 68,352 shares during the period. Focus Financial Network Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $5,525,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SCHO. Measured Wealth Private Client Group LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 25.7% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 2,107 shares of the company’s stock worth $51,000 after purchasing an additional 431 shares during the period. Bank of Marin lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 0.5% during the 4th quarter. Bank of Marin now owns 81,095 shares of the company’s stock worth $1,976,000 after purchasing an additional 432 shares during the last quarter. Diversified Trust Co boosted its stake in Schwab Short-Term U.S. Treasury ETF by 0.6% in the 1st quarter. Diversified Trust Co now owns 70,165 shares of the company’s stock valued at $1,703,000 after purchasing an additional 444 shares during the period. Birchbrook Inc. boosted its stake in Schwab Short-Term U.S. Treasury ETF by 2.5% in the 2nd quarter. Birchbrook Inc. now owns 18,408 shares of the company’s stock valued at $444,000 after purchasing an additional 448 shares during the period. Finally, Sherman Asset Management Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 1.2% in the 2nd quarter. Sherman Asset Management Inc. now owns 38,821 shares of the company’s stock valued at $946,000 after buying an additional 464 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.06 on Monday. The stock’s fifty day moving average price is $24.09 and its two-hundred day moving average price is $24.21. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.02 and a one 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.