Global Trust Asset Management LLC Acquires New Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Global Trust Asset Management LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 22,100 shares of the company’s stock, valued at approximately $538,000.

A number of other large investors also recently bought and sold shares of the business. Bank of America Corp DE boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 104.9% during the 4th quarter. Bank of America Corp DE now owns 160,244,548 shares of the company’s stock valued at $3,855,484,000 after acquiring an additional 82,051,493 shares during the period. Ameriprise Financial Inc. raised its position in Schwab Short-Term U.S. Treasury ETF by 75.1% during the 4th quarter. Ameriprise Financial Inc. now owns 21,347,139 shares of the company’s stock valued at $513,204,000 after purchasing an additional 9,152,670 shares in the last quarter. JPMorgan Chase & Co. raised its position in Schwab Short-Term U.S. Treasury ETF by 138.3% during the 4th quarter. JPMorgan Chase & Co. now owns 20,762,162 shares of the company’s stock valued at $499,538,000 after purchasing an additional 12,048,633 shares in the last quarter. Sei Investments Co. raised its position in Schwab Short-Term U.S. Treasury ETF by 109.8% during the 4th quarter. Sei Investments Co. now owns 16,267,808 shares of the company’s stock valued at $391,403,000 after purchasing an additional 8,514,242 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Schwab Short-Term U.S. Treasury ETF by 162.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,207,855 shares of the company’s stock valued at $173,421,000 after purchasing an additional 4,457,169 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.25 on Tuesday. The business has a fifty day simple moving average of $24.29 and a two-hundred day simple moving average of $24.23. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.95 and a twelve month high of $24.54.

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.