Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Holdings Increased by Towercrest Capital Management

Towercrest Capital Management increased its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 107.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,929 shares of the company’s stock after purchasing an additional 24,361 shares during the quarter. Towercrest Capital Management’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,129,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in SCHO. OLD Point Trust & Financial Services N A acquired a new position in Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at approximately $25,000. Kennebec Savings Bank increased its stake in Schwab Short-Term U.S. Treasury ETF by 100.0% in the 4th quarter. Kennebec Savings Bank now owns 1,072 shares of the company’s stock valued at $26,000 after buying an additional 536 shares during the period. Golden State Wealth Management LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth $26,000. Aspect Partners LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth $26,000. Finally, AllSquare Wealth Management LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 99.8% during the 4th quarter. AllSquare Wealth Management LLC now owns 1,091 shares of the company’s stock worth $26,000 after purchasing an additional 545 shares during the last quarter.

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

Shares of SCHO opened at $24.32 on Monday. The company’s fifty day moving average is $24.21 and its 200-day moving average is $24.24. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.85 and a 12 month high of $24.54.

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.