Marotta Asset Management Lowers Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Marotta Asset Management decreased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 564,482 shares of the company’s stock after selling 28,210 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for approximately 2.5% of Marotta Asset Management’s portfolio, making the stock its 12th largest position. Marotta Asset Management’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $13,660,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 138.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,031 shares of the company’s stock worth $25,000 after buying an additional 599 shares during the period. Dorato Capital Management purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at $26,000. Simplex Trading LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF by 5,315.0% during the 4th quarter. Simplex Trading LLC now owns 1,083 shares of the company’s stock worth $26,000 after acquiring an additional 1,063 shares in the last quarter. Physician Wealth Advisors Inc. acquired a new position in Schwab Short-Term U.S. Treasury ETF during the 1st quarter worth about $34,000. Finally, Gilpin Wealth Management LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at about $39,000.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.09 on Friday. The business has a 50-day moving average of $24.15 and a 200 day moving average of $24.27. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.04 and a 12 month 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.