Creative Planning Sells 12,815 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Creative Planning cut its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 248,843 shares of the company’s stock after selling 12,815 shares during the period. Creative Planning’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $11,977,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Exchange Capital Management Inc. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 3.6% in the 2nd quarter. Exchange Capital Management Inc. now owns 5,909 shares of the company’s stock worth $284,000 after acquiring an additional 208 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 0.7% during the second quarter. Sequoia Financial Advisors LLC now owns 31,138 shares of the company’s stock worth $1,499,000 after purchasing an additional 231 shares during the period. Claro Advisors LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 4.3% in the second quarter. Claro Advisors LLC now owns 5,653 shares of the company’s stock worth $272,000 after purchasing an additional 231 shares in the last quarter. Planned Solutions Inc. lifted its stake in Schwab Short-Term U.S. Treasury ETF by 1.5% in the second quarter. Planned Solutions Inc. now owns 15,690 shares of the company’s stock valued at $755,000 after buying an additional 234 shares during the period. Finally, Fifth Third Bancorp boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 24.6% during the 2nd quarter. Fifth Third Bancorp now owns 1,184 shares of the company’s stock worth $57,000 after buying an additional 234 shares in the last quarter.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.1 %

NYSEARCA:SCHO opened at $48.88 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $47.65 and a twelve month high of $49.07. The company has a fifty day moving average of $48.74 and a 200-day moving average of $48.28.

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.