Schwab Short-Term U.S. Treasury ETF $SCHO is Brown Wealth Management LLC’s 8th Largest Position

Brown Wealth Management LLC cut its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 21.1% in the second quarter, Holdings Channel reports. The firm owned 422,850 shares of the company’s stock after selling 113,341 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises 3.2% of Brown Wealth Management LLC’s holdings, making the stock its 8th largest position. Brown Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $10,309,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Cerity Partners LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 3.6% in the 1st 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 during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of 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 valued at $4,541,000 after purchasing an additional 146,092 shares during the period. Focus Partners Wealth raised its stake in shares of 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 purchasing an additional 2,848 shares during the last quarter. DMC Group LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 35.6% in the second quarter. DMC Group LLC now owns 76,476 shares of the company’s stock worth $1,864,000 after purchasing an additional 20,072 shares during the last quarter. Finally, Marotta Asset Management lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 99.5% during the second quarter. Marotta Asset Management now owns 573,096 shares of the company’s stock worth $13,972,000 after purchasing an additional 285,808 shares during the period.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.0%

Shares of NYSEARCA:SCHO opened at $24.37 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $24.06 and a twelve month high of $24.47. The company’s 50 day moving average is $24.39 and its 200 day moving average is $24.33.

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.