Schwab Short-Term U.S. Treasury ETF $SCHO Shares Sold by Inspire Investing LLC

Inspire Investing LLC decreased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 29.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 655,590 shares of the company’s stock after selling 276,570 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for approximately 1.7% of Inspire Investing LLC’s holdings, making the stock its 3rd largest position. Inspire Investing LLC owned 0.15% of Schwab Short-Term U.S. Treasury ETF worth $15,983,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Brucke Financial Inc. grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 7.1% in the 2nd quarter. Brucke Financial Inc. now owns 21,940 shares of the company’s stock worth $535,000 after acquiring an additional 1,453 shares in the last quarter. Blue Trust Inc. grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 57.4% in the 2nd quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock worth $52,000 after acquiring an additional 783 shares in the last quarter. L. Roy Papp & Associates LLP grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 5.4% in the 2nd quarter. L. Roy Papp & Associates LLP now owns 12,772 shares of the company’s stock worth $311,000 after acquiring an additional 660 shares in the last quarter. Brandywine Oak Private Wealth LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.6% in the 2nd quarter. Brandywine Oak Private Wealth LLC now owns 1,396,128 shares of the company’s stock worth $34,038,000 after purchasing an additional 21,567 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 20.2% in the 2nd quarter. Galvin Gaustad & Stein LLC now owns 786,562 shares of the company’s stock worth $19,176,000 after purchasing an additional 132,363 shares during the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.39 on Friday. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.06 and a 12-month high of $24.47. The stock’s 50 day simple moving average is $24.36 and its 200 day simple moving average is $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.