Gilbert Capital Group Inc. Invests $3.69 Million in Schwab Short-Term U.S. Treasury ETF $SCHO

Gilbert Capital Group Inc. acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 151,494 shares of the company’s stock, valued at approximately $3,693,000. Schwab Short-Term U.S. Treasury ETF comprises about 3.1% of Gilbert Capital Group Inc.’s portfolio, making the stock its 12th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. GSB Wealth Management LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 95.9% during the second quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock valued at $33,000 after purchasing an additional 654 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 57.4% in the second quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock worth $52,000 after buying an additional 783 shares during the last quarter. Grove Bank & Trust bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 2nd quarter worth $61,000. AllSquare Wealth Management LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 183.3% in the 2nd quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock valued at $75,000 after buying an additional 2,000 shares during the last quarter. Finally, Fortitude Family Office LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF in the 2nd quarter valued at $106,000.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.38 on Monday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.06 and a fifty-two week high of $24.47. The firm has a fifty day moving average price of $24.39 and a two-hundred day moving average price of $24.34.

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.