Twele Capital Management Inc. Acquires New Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Twele Capital Management Inc. acquired a new position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 45,693 shares of the company’s stock, valued at approximately $1,090,000. Schwab Short-Term U.S. Treasury ETF makes up about 0.2% of Twele Capital Management Inc.’s holdings, making the stock its 27th largest holding.

A number of other large investors also recently bought and sold shares of SCHO. Bank of Marin boosted its position in Schwab Short-Term U.S. Treasury ETF by 0.5% during the 4th quarter. Bank of Marin now owns 81,095 shares of the company’s stock valued at $1,976,000 after acquiring an additional 432 shares in the last quarter. Diversified Trust Co raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 0.6% in the 1st quarter. Diversified Trust Co now owns 70,165 shares of the company’s stock worth $1,703,000 after acquiring an additional 444 shares in the last quarter. Birchbrook Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.5% during the 2nd quarter. Birchbrook Inc. now owns 18,408 shares of the company’s stock worth $444,000 after purchasing an additional 448 shares during the last quarter. Tactive Advisors LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.7% during the 1st quarter. Tactive Advisors LLC now owns 18,249 shares of the company’s stock worth $443,000 after purchasing an additional 484 shares during the last quarter. Finally, Titleist Asset Management LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.1% during the 3rd quarter. Titleist Asset Management LLC now owns 28,510 shares of the company’s stock worth $680,000 after purchasing an additional 578 shares during the last quarter.

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

SCHO stock traded up $0.01 during trading on Tuesday, reaching $23.87. 3,680,332 shares of the company traded hands, compared to its average volume of 4,047,310. The business has a 50 day simple moving average of $23.98 and a 200 day simple moving average of $24.09. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.79 and a 12 month high of $24.46.

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.