Schwab Short-Term U.S. Treasury ETF $SCHO is Pure Portfolios Holdings LLC’s 8th Largest Position

Pure Portfolios Holdings LLC increased its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 35.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 451,998 shares of the company’s stock after purchasing an additional 118,023 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises about 3.7% of Pure Portfolios Holdings LLC’s holdings, making the stock its 8th largest position. Pure Portfolios Holdings LLC owned 0.10% of Schwab Short-Term U.S. Treasury ETF worth $11,020,000 as of its most recent filing with the SEC.

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

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

Shares of NYSEARCA:SCHO opened at $24.37 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.06 and a 52-week high of $24.47. The firm has a fifty day moving average of $24.36 and a 200 day moving average of $24.32.

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.