Schwab Short-Term U.S. Treasury ETF $SCHO is Inspire Investing LLC’s 5th Largest Position

Inspire Investing LLC cut its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 6.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 689,358 shares of the company’s stock after selling 48,376 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises about 1.4% of Inspire Investing LLC’s investment portfolio, making the stock its 5th largest position. Inspire Investing LLC owned 0.14% of Schwab Short-Term U.S. Treasury ETF worth $16,731,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHO. Bank of America Corp DE grew its stake in Schwab Short-Term U.S. Treasury ETF by 8.8% in the 3rd quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock worth $2,895,446,000 after acquiring an additional 9,578,278 shares in the last quarter. Valpey Financial Services LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2,499.8% during the fourth quarter. Valpey Financial Services LLC now owns 5,246,793 shares of the company’s stock valued at $127,864,000 after acquiring an additional 5,044,981 shares in the last quarter. Willis Johnson & Associates Inc. purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at approximately $33,121,000. JPMorgan Chase & Co. boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 6.9% in the fourth quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock valued at $514,393,000 after purchasing an additional 1,357,429 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in Schwab Short-Term U.S. Treasury ETF by 5.7% in the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after purchasing an additional 1,237,815 shares in the last quarter.

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

SCHO opened at $24.16 on Tuesday. The stock’s fifty day moving average is $24.16 and its two-hundred day moving average is $24.27. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $24.06 and a 52 week high of $24.46.

About Schwab Short-Term U.S. Treasury ETF

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.