MADDEN SECURITIES Corp Grows Position in Schwab Short-Term U.S. Treasury ETF $SCHO

MADDEN SECURITIES Corp grew its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 9.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,884 shares of the company’s stock after buying an additional 2,785 shares during the period. MADDEN SECURITIES Corp’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $777,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Janney Montgomery Scott LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 6.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 17,318 shares of the company’s stock worth $422,000 after acquiring an additional 1,013 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 3.6% during the first quarter. Cerity Partners LLC now owns 61,720 shares of the company’s stock worth $1,502,000 after purchasing an additional 2,118 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 361.0% during the first quarter. Bank of New York Mellon Corp now owns 186,561 shares of the company’s stock worth $4,541,000 after purchasing an additional 146,092 shares during the period. Private Trust Co. NA boosted its position in Schwab Short-Term U.S. Treasury ETF by 21.3% in the first quarter. Private Trust Co. NA now owns 4,646 shares of the company’s stock valued at $113,000 after buying an additional 815 shares during the last quarter. Finally, Focus Partners Wealth increased its holdings in Schwab Short-Term U.S. Treasury ETF by 2.1% in the 1st quarter. Focus Partners Wealth now owns 140,174 shares of the company’s stock worth $3,412,000 after buying an additional 2,848 shares during the period.

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

Shares of NYSEARCA SCHO opened at $24.34 on Tuesday. The company has a 50 day simple moving average of $24.36 and a two-hundred day simple moving average of $24.32. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.06 and a 12 month high of $24.47.

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.