McLean Asset Management Corp Grows Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

McLean Asset Management Corp boosted its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 35.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 124,871 shares of the company’s stock after buying an additional 32,590 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for approximately 0.6% of McLean Asset Management Corp’s holdings, making the stock its 25th largest holding. McLean Asset Management Corp’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $3,039,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHO. GSB Wealth Management LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 95.9% during the 2nd quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock worth $33,000 after acquiring an additional 654 shares during the period. Blue Trust Inc. increased its position in Schwab Short-Term U.S. Treasury ETF by 57.4% during the second quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock worth $52,000 after purchasing an additional 783 shares during the last quarter. Grove Bank & Trust purchased a new position in Schwab Short-Term U.S. Treasury ETF during the second quarter worth approximately $61,000. AllSquare Wealth Management LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 183.3% during the second quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock worth $75,000 after purchasing an additional 2,000 shares during the period. Finally, Fortitude Family Office LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 2nd quarter valued at $106,000.

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

Shares of NYSEARCA SCHO opened at $24.41 on Thursday. The firm has a fifty day moving average of $24.39 and a 200-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 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.