WT Wealth Management Decreases Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

WT Wealth Management reduced its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 6.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 427,965 shares of the company’s stock after selling 29,337 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for approximately 3.1% of WT Wealth Management’s investment portfolio, making the stock its 6th largest holding. WT Wealth Management owned approximately 0.09% of Schwab Short-Term U.S. Treasury ETF worth $10,434,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SCHO. Bank of America Corp DE raised its holdings in Schwab Short-Term U.S. Treasury ETF by 0.7% during the 2nd quarter. Bank of America Corp DE now owns 109,087,556 shares of the company’s stock worth $2,659,555,000 after purchasing an additional 806,967 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% during the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after buying an additional 1,237,815 shares during the last quarter. Sei Investments Co. lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 3.0% in the second quarter. Sei Investments Co. now owns 17,026,193 shares of the company’s stock valued at $415,098,000 after buying an additional 500,652 shares during the period. Jane Street Group LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 18,907.4% in the first quarter. Jane Street Group LLC now owns 11,903,400 shares of the company’s stock valued at $289,729,000 after acquiring an additional 11,840,775 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Schwab Short-Term U.S. Treasury ETF by 5.2% in the second quarter. Envestnet Asset Management Inc. now owns 8,046,412 shares of the company’s stock valued at $196,172,000 after acquiring an additional 401,306 shares during the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.38 on Monday. The firm has a fifty day moving average of $24.39 and a two-hundred day moving average of $24.34. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $24.06 and a 52 week 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.