Truist Financial Corp Grows Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Truist Financial Corp increased its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 5.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 788,085 shares of the company’s stock after acquiring an additional 38,580 shares during the period. Truist Financial Corp owned approximately 0.17% of Schwab Short-Term U.S. Treasury ETF worth $19,229,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHO. Blue Trust Inc. grew its stake in 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 purchasing an additional 783 shares in the last quarter. AllSquare Wealth Management LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 183.3% during the 2nd quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock valued at $75,000 after purchasing an additional 2,000 shares in the last quarter. Morling Financial Advisors LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 383.5% in the second quarter. Morling Financial Advisors LLC now owns 4,932 shares of the company’s stock worth $120,000 after buying an additional 3,912 shares during the last quarter. Grove Bank & Trust raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 112.2% during the third quarter. Grove Bank & Trust now owns 5,324 shares of the company’s stock worth $130,000 after purchasing an additional 2,815 shares during the period. Finally, Private Trust Co. NA raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 20.7% during the second quarter. Private Trust Co. NA now owns 5,608 shares of the company’s stock valued at $137,000 after acquiring an additional 962 shares during the period.

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

SCHO stock opened at $24.42 on Friday. The firm has a 50 day simple moving average of $24.37 and a 200 day simple moving average of $24.37. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $24.10 and a 52 week high of $24.47.

Schwab Short-Term U.S. Treasury ETF Company 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.