Gradient Capital Advisors LLC Has $376,000 Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Gradient Capital Advisors LLC increased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 49.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,439 shares of the company’s stock after purchasing an additional 5,116 shares during the period. Gradient Capital Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $376,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 104.9% during the fourth 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 in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of 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 worth $513,204,000 after purchasing an additional 9,152,670 shares during the last quarter. JPMorgan Chase & Co. grew its stake 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 during the last quarter. Sei Investments Co. boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 109.8% in the fourth quarter. Sei Investments Co. now owns 16,267,808 shares of the company’s stock worth $391,403,000 after buying an additional 8,514,242 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 6.1% during the first quarter. Envestnet Asset Management Inc. now owns 7,645,106 shares of the company’s stock valued at $186,082,000 after acquiring an additional 437,251 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.1%

NYSEARCA:SCHO opened at $24.29 on Friday. The stock has a fifty day moving average price of $24.27 and a 200 day moving average price of $24.25. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.06 and a 12-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.