Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Stake Lifted by Cumberland Partners Ltd

Cumberland Partners Ltd increased its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,555 shares of the company’s stock after acquiring an additional 2,085 shares during the period. Cumberland Partners Ltd’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,157,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Morling Financial Advisors LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the first quarter worth approximately $25,000. Rossby Financial LCC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the first quarter worth approximately $26,000. von Borstel & Associates Inc. bought a new stake in Schwab Short-Term U.S. Treasury ETF during the first quarter worth approximately $27,000. CoreCap Advisors LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 60.4% during the fourth quarter. CoreCap Advisors LLC now owns 1,290 shares of the company’s stock worth $31,000 after buying an additional 486 shares in the last quarter. Finally, Cooksen Wealth LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the first quarter worth approximately $32,000.

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

Shares of NYSEARCA:SCHO opened at $24.32 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.06 and a 1-year high of $24.53. The company has a 50 day moving average price of $24.28 and a 200 day moving average price of $24.27.

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.