Legacy Wealth Managment LLC ID Buys New Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Legacy Wealth Managment LLC ID purchased a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,841 shares of the company’s stock, valued at approximately $817,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Valpey Financial Services LLC boosted its stake 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 worth $127,864,000 after buying an additional 5,044,981 shares during the last quarter. Bank of America Corp DE grew its holdings in Schwab Short-Term U.S. Treasury ETF by 3.2% during the fourth quarter. Bank of America Corp DE now owns 122,501,159 shares of the company’s stock worth $2,985,353,000 after acquiring an additional 3,835,325 shares during the period. JPMorgan Chase & Co. raised its position in Schwab Short-Term U.S. Treasury ETF by 6.9% during the fourth quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock valued at $514,393,000 after acquiring an additional 1,357,429 shares in the last quarter. Blackhawk Capital Partners LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF during the first quarter valued at approximately $30,128,000. Finally, Ameriprise Financial Inc. lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 5.7% in the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after acquiring an additional 1,237,815 shares during the period.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.01 on Friday. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.98 and a 12 month high of $24.46. The stock’s 50 day simple moving average is $24.08 and its two-hundred day simple moving average is $24.17.

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.