Schwab Short-Term U.S. Treasury ETF $SCHO Shares Sold by Marotta Asset Management

Marotta Asset Management trimmed its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 564,482 shares of the company’s stock after selling 28,210 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises 2.5% of Marotta Asset Management’s investment portfolio, making the stock its 12th biggest position. Marotta Asset Management owned 0.11% of Schwab Short-Term U.S. Treasury ETF worth $13,660,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 227.2% in the fourth quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after acquiring an additional 12,810 shares during the last quarter. Diversify Advisory Services LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 2nd quarter valued at $2,798,000. Ameriprise Financial Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after purchasing an additional 1,237,815 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 17.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 444,031 shares of the company’s stock worth $10,825,000 after purchasing an additional 65,157 shares during the period. Finally, Benjamin Edwards Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 14.5% during the 2nd quarter. Benjamin Edwards Inc. now owns 106,542 shares of the company’s stock worth $2,597,000 after purchasing an additional 13,456 shares during the period.

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

Shares of NYSEARCA:SCHO opened at $24.09 on Friday. The business has a 50-day moving average price of $24.15 and a 200 day moving average price of $24.27. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.04 and a 12-month high of $24.46.

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.