Galvin Gaustad & Stein LLC Raises Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Galvin Gaustad & Stein LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 8.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 852,449 shares of the company’s stock after purchasing an additional 65,887 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for approximately 1.7% of Galvin Gaustad & Stein LLC’s holdings, making the stock its 19th largest position. Galvin Gaustad & Stein LLC owned about 0.18% of Schwab Short-Term U.S. Treasury ETF worth $20,800,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its position 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 worth $444,000 after buying an additional 12,810 shares in the last quarter. Comerica Bank increased its holdings in Schwab Short-Term U.S. Treasury ETF by 4.1% in the 1st quarter. Comerica Bank now owns 18,407 shares of the company’s stock worth $448,000 after acquiring an additional 722 shares in the last quarter. Royal Bank of Canada raised its stake in Schwab Short-Term U.S. Treasury ETF by 4.2% during the 1st quarter. Royal Bank of Canada now owns 502,764 shares of the company’s stock worth $12,237,000 after acquiring an additional 20,258 shares during the period. NewEdge Advisors LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 109.0% during the first quarter. NewEdge Advisors LLC now owns 122,860 shares of the company’s stock valued at $2,990,000 after purchasing an additional 64,066 shares in the last quarter. Finally, Focus Partners Wealth boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 2.1% in the first quarter. Focus Partners Wealth now owns 140,174 shares of the company’s stock worth $3,412,000 after purchasing an additional 2,848 shares during the period.

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

Shares of SCHO stock opened at $24.38 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.10 and a one year high of $24.47. The company’s fifty day moving average price is $24.37 and its 200-day moving average price is $24.36.

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.