Sapient Capital LLC Invests $592,000 in Schwab Short-Term U.S. Treasury ETF $SCHO

Sapient Capital LLC bought a new position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 24,539 shares of the company’s stock, valued at approximately $592,000.

Other institutional investors have also recently bought and sold shares of the company. Valpey Financial Services LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2,499.8% in the 4th quarter. Valpey Financial Services LLC now owns 5,246,793 shares of the company’s stock valued at $127,864,000 after purchasing an additional 5,044,981 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 3.2% during the 4th quarter. Bank of America Corp DE now owns 122,501,159 shares of the company’s stock worth $2,985,353,000 after buying an additional 3,835,325 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 6.9% in the 4th quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock worth $514,393,000 after buying an additional 1,357,429 shares during the period. Blackhawk Capital Partners LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 1st quarter worth $30,128,000. Finally, Ameriprise Financial Inc. boosted its holdings 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 valued at $570,775,000 after acquiring an additional 1,237,815 shares during the last quarter.

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

Shares of NYSEARCA:SCHO opened at $24.05 on Tuesday. The business has a 50-day moving average of $24.09 and a two-hundred day moving average of $24.21. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.02 and a 12 month 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.