Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Stock Holdings Lifted by Summit Asset Management LLC

Summit Asset Management LLC raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 23.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,298 shares of the company’s stock after buying an additional 1,935 shares during the period. Summit Asset Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $248,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in SCHO. Raymond James & Associates raised its stake in Schwab Short-Term U.S. Treasury ETF by 2.4% during the 3rd quarter. Raymond James & Associates now owns 115,095 shares of the company’s stock valued at $5,637,000 after purchasing an additional 2,683 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF by 78.4% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 14,107 shares of the company’s stock valued at $691,000 after purchasing an additional 6,198 shares during the period. Team Financial Group LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 5.9% during the 3rd quarter. Team Financial Group LLC now owns 8,776 shares of the company’s stock valued at $430,000 after purchasing an additional 488 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 51.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 651,237 shares of the company’s stock valued at $31,898,000 after purchasing an additional 220,411 shares during the period. Finally, MCF Advisors LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 6.7% during the 3rd quarter. MCF Advisors LLC now owns 1,254,410 shares of the company’s stock valued at $61,441,000 after purchasing an additional 78,270 shares during the period.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.22 on Friday. The company’s fifty day simple moving average is $24.15 and its 200-day simple moving average is $24.25. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.85 and a 12 month high of $24.53.

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.