310,265 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO Purchased by Fifth Third Securities Inc.

Fifth Third Securities Inc. purchased a new position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the third quarter, Holdings Channel reports. The fund purchased 310,265 shares of the company’s stock, valued at approximately $7,403,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Diversified Trust Co increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 0.6% in the 1st quarter. Diversified Trust Co now owns 70,165 shares of the company’s stock valued at $1,703,000 after acquiring an additional 444 shares during the last quarter. Birchbrook Inc. boosted its stake in Schwab Short-Term U.S. Treasury ETF by 2.5% in the second quarter. Birchbrook Inc. now owns 18,408 shares of the company’s stock valued at $444,000 after acquiring an additional 448 shares in the last quarter. Tactive Advisors LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 2.7% during the first quarter. Tactive Advisors LLC now owns 18,249 shares of the company’s stock worth $443,000 after purchasing an additional 484 shares in the last quarter. Myecfo LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 4.1% in the 3rd quarter. Myecfo LLC now owns 12,663 shares of the company’s stock valued at $302,000 after purchasing an additional 500 shares during the last quarter. Finally, Enclave Advisors LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 3.6% during the 3rd quarter. Enclave Advisors LLC now owns 16,265 shares of the company’s stock worth $388,000 after buying an additional 564 shares during the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock traded up $0.01 during trading on Wednesday, reaching $23.89. The company’s stock had a trading volume of 6,912,129 shares, compared to its average volume of 4,072,281. The company has a 50-day moving average price of $23.96 and a two-hundred day moving average price of $24.07. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.79 and a fifty-two 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.