Schwab Short-Term U.S. Treasury ETF $SCHO Stock: United Capital Management of KS Inc. Increases Holdings

United Capital Management of KS Inc. increased its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 3.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,248,302 shares of the company’s stock after purchasing an additional 39,524 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises about 3.9% of United Capital Management of KS Inc.’s holdings, making the stock its 4th largest position. United Capital Management of KS Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $29,784,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SCHO. Kestra Investment Management LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 3.3% in the third quarter. Kestra Investment Management LLC now owns 920,538 shares of the company’s stock worth $21,964,000 after acquiring an additional 29,117 shares during the period. AlphaCore Capital LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 404.0% in the third quarter. AlphaCore Capital LLC now owns 1,250 shares of the company’s stock valued at $30,000 after purchasing an additional 1,002 shares during the period. Journey Beyond Wealth LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 0.7% in the third quarter. Journey Beyond Wealth LLC now owns 129,889 shares of the company’s stock valued at $3,099,000 after purchasing an additional 903 shares during the period. Edgemoor Investment Advisors Inc. purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $235,000. Finally, Brighton Jones LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $658,000.

Schwab Short-Term U.S. Treasury ETF Stock Down 0.0%

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $23.97 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $23.79 and a 52 week high of $24.46. The business’s fifty day simple moving average is $23.92 and its 200-day simple moving average is $24.13.

About Schwab Short-Term U.S. Treasury ETF

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.