Smithbridge Asset Management Inc. DE Takes $2.01 Million Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Smithbridge Asset Management Inc. DE purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the third quarter, HoldingsChannel reports. The firm purchased 82,378 shares of the company’s stock, valued at approximately $2,010,000.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHO. GSB Wealth Management LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 95.9% during the 2nd quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock worth $33,000 after purchasing an additional 654 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 57.4% in the second quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock valued at $52,000 after buying an additional 783 shares during the period. Grove Bank & Trust acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the second quarter valued at about $61,000. AllSquare Wealth Management LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 183.3% during the second quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock worth $75,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Fortitude Family Office LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the second quarter worth approximately $106,000.

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

Shares of SCHO stock opened at $24.36 on Friday. The business’s 50 day simple moving average is $24.37 and its 200 day simple moving average is $24.36. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.10 and a one year high of $24.47.

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.