Focus Partners Wealth Raises Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Focus Partners Wealth grew its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 2.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 140,174 shares of the company’s stock after acquiring an additional 2,848 shares during the period. Focus Partners Wealth’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $3,412,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Ameriprise Financial Inc. boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.3% in the first quarter. Ameriprise Financial Inc. now owns 21,839,892 shares of the company’s stock valued at $531,926,000 after acquiring an additional 492,753 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 3.4% in the first quarter. JPMorgan Chase & Co. now owns 21,461,902 shares of the company’s stock valued at $522,383,000 after acquiring an additional 699,740 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 18,907.4% in the first quarter. Jane Street Group LLC now owns 11,903,400 shares of the company’s stock valued at $289,729,000 after acquiring an additional 11,840,775 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 6.1% in the first quarter. Envestnet Asset Management Inc. now owns 7,645,106 shares of the company’s stock valued at $186,082,000 after acquiring an additional 437,251 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 4.3% in the first quarter. Wealthfront Advisers LLC now owns 3,916,163 shares of the company’s stock valued at $95,319,000 after acquiring an additional 160,299 shares in the last quarter.

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

SCHO stock opened at $24.41 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $24.06 and a 52 week high of $24.53. The company’s 50-day moving average price is $24.33 and its 200 day moving average price is $24.30.

Schwab Short-Term U.S. Treasury ETF Company 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.