Schwab Short-Term U.S. Treasury ETF $SCHO Shares Sold by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC reduced its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 60.5% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 264,865 shares of the company’s stock after selling 406,247 shares during the period. Resonant Capital Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $6,428,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SCHO. Bank of America Corp DE grew its position in Schwab Short-Term U.S. Treasury ETF by 3.2% in the 4th quarter. Bank of America Corp DE now owns 122,501,159 shares of the company’s stock valued at $2,985,353,000 after acquiring an additional 3,835,325 shares in the last quarter. Ameriprise Financial Inc. lifted its position 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 purchasing an additional 1,237,815 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 6.9% in the fourth quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock valued at $514,393,000 after purchasing an additional 1,357,429 shares during the period. Sei Investments Co. boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 3.4% in the third quarter. Sei Investments Co. now owns 17,596,729 shares of the company’s stock valued at $429,361,000 after purchasing an additional 570,536 shares during the period. Finally, Valpey Financial Services LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2,499.8% in the fourth quarter. Valpey Financial Services LLC now owns 5,246,793 shares of the company’s stock valued at $127,864,000 after purchasing an additional 5,044,981 shares in the last quarter.

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

SCHO traded down $0.01 during trading hours on Tuesday, hitting $24.08. 1,300,073 shares of the company’s stock were exchanged, compared to its average volume of 3,649,948. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.04 and a 12-month high of $24.46. The firm has a 50 day moving average of $24.14 and a 200 day moving average of $24.26.

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.