Pasadena Private Wealth LLC Sells 68,111 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Pasadena Private Wealth LLC lessened its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 39.5% in the second quarter, HoldingsChannel.com reports. The fund owned 104,493 shares of the company’s stock after selling 68,111 shares during the period. Pasadena Private Wealth LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,548,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Ameriprise Financial Inc. boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 2.3% during the 1st quarter. Ameriprise Financial Inc. now owns 21,839,892 shares of the company’s stock valued at $531,926,000 after acquiring an additional 492,753 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 3.4% during the 1st quarter. JPMorgan Chase & Co. now owns 21,461,902 shares of the company’s stock valued at $522,383,000 after buying an additional 699,740 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 18,907.4% during the 1st quarter. Jane Street Group LLC now owns 11,903,400 shares of the company’s stock valued at $289,729,000 after buying an additional 11,840,775 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 5.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,046,412 shares of the company’s stock valued at $196,172,000 after buying an additional 401,306 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 4.3% during the 1st quarter. Wealthfront Advisers LLC now owns 3,916,163 shares of the company’s stock valued at $95,319,000 after buying an additional 160,299 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.45 on Monday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.06 and a 1-year high of $24.47. The stock’s 50-day moving average is $24.39 and its 200 day moving average is $24.33.

Schwab Short-Term U.S. Treasury ETF Company 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.