Schwab Short-Term U.S. Treasury ETF $SCHO Shares Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 25.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 104,040 shares of the company’s stock after purchasing an additional 21,059 shares during the quarter. Valmark Advisers Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,525,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE boosted its position in Schwab Short-Term U.S. Treasury ETF by 3.2% in the fourth quarter. Bank of America Corp DE now owns 122,501,159 shares of the company’s stock valued at $2,985,353,000 after buying an additional 3,835,325 shares during the last quarter. Ameriprise Financial Inc. raised its position in Schwab Short-Term U.S. Treasury ETF by 5.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after buying an additional 1,237,815 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Schwab Short-Term U.S. Treasury ETF by 6.9% during the 4th quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock valued at $514,393,000 after acquiring an additional 1,357,429 shares during the period. Valpey Financial Services LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF by 2,499.8% during the 4th 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 during the period. Finally, Wealthfront Advisers LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 7.6% in the 4th quarter. Wealthfront Advisers LLC now owns 4,077,325 shares of the company’s stock valued at $99,364,000 after acquiring an additional 289,578 shares during the last quarter.

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

SCHO stock opened at $24.07 on Monday. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.04 and a 12 month high of $24.46. The firm’s fifty day simple moving average is $24.13 and its 200-day simple moving average is $24.25.

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.