Stonebridge Financial Group LLC Acquires Shares of 327,085 Schwab Short-Term U.S. Treasury ETF $SCHO

Stonebridge Financial Group LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 327,085 shares of the company’s stock, valued at approximately $7,981,000. Stonebridge Financial Group LLC owned approximately 0.07% of Schwab Short-Term U.S. Treasury ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHO. Brighton Jones LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 227.2% during the fourth quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock worth $444,000 after acquiring an additional 12,810 shares during the period. Comerica Bank raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 4.1% during the 1st quarter. Comerica Bank now owns 18,407 shares of the company’s stock worth $448,000 after purchasing an additional 722 shares during the last quarter. Ieq Capital LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the 1st quarter valued at about $234,000. Baird Financial Group Inc. boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 77.5% in the 1st quarter. Baird Financial Group Inc. now owns 95,332 shares of the company’s stock worth $2,320,000 after buying an additional 41,627 shares during the last quarter. Finally, Royal Bank of Canada increased 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 buying an additional 20,258 shares in the last quarter.

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

Shares of NYSEARCA:SCHO opened at $24.37 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.06 and a 1 year high of $24.47. The business’s 50 day moving average price is $24.38 and its 200-day moving average price is $24.35.

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.