Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC lessened its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Get Rating) by 66.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,038 shares of the company’s stock after selling 4,075 shares during the quarter. Belpointe Asset Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $98,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF by 35.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,424,733 shares of the company’s stock worth $116,969,000 after acquiring an additional 638,743 shares during the period. Hamilton Capital LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 1.2% during the third quarter. Hamilton Capital LLC now owns 1,616,273 shares of the company’s stock worth $78,001,000 after buying an additional 19,242 shares in the last quarter. Pacific Sage Partners LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth approximately $64,881,000. Jane Street Group LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 3,369.1% during the third quarter. Jane Street Group LLC now owns 1,258,537 shares of the company’s stock worth $60,737,000 after buying an additional 1,222,258 shares in the last quarter. Finally, Commerce Bank boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 184.9% during the third quarter. Commerce Bank now owns 1,033,966 shares of the company’s stock worth $49,899,000 after buying an additional 671,046 shares in the last quarter.

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

Shares of NYSEARCA:SCHO opened at $48.51 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $47.78 and a 1-year high of $49.64. The company has a 50 day moving average price of $48.72 and a 200 day moving average price of $48.44.

About Schwab Short-Term U.S. Treasury ETF

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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.