Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Position Lifted by Sims Investment Management LLC

Sims Investment Management LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 9.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 387,558 shares of the company’s stock after buying an additional 34,681 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises 4.2% of Sims Investment Management LLC’s investment portfolio, making the stock its 6th biggest holding. Sims Investment Management LLC owned about 0.09% of Schwab Short-Term U.S. Treasury ETF worth $9,433,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SCHO. Brighton Jones LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 227.2% during the 4th quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock worth $444,000 after buying an additional 12,810 shares during the last quarter. IFP Advisors Inc grew its stake in Schwab Short-Term U.S. Treasury ETF by 160.5% during the 4th quarter. IFP Advisors Inc now owns 17,104 shares of the company’s stock worth $412,000 after buying an additional 10,538 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Schwab Short-Term U.S. Treasury ETF by 51.9% during the 4th quarter. Bank of New York Mellon Corp now owns 40,469 shares of the company’s stock worth $974,000 after buying an additional 13,834 shares during the last quarter. Nwam LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 99.6% during the 4th quarter. Nwam LLC now owns 15,358 shares of the company’s stock worth $370,000 after buying an additional 7,663 shares during the last quarter. Finally, HC Advisors LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 102.8% during the 4th quarter. HC Advisors LLC now owns 15,601 shares of the company’s stock worth $375,000 after buying an additional 7,908 shares during the last quarter.

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

NYSEARCA:SCHO opened at $24.36 on Friday. The stock’s 50 day moving average price is $24.29 and its 200 day moving average price is $24.24. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.95 and a 52-week high of $24.54.

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.