Towneley Capital Management Inc DE Grows Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Towneley Capital Management Inc DE grew its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 105.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 786,649 shares of the company’s stock after purchasing an additional 403,596 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises about 4.5% of Towneley Capital Management Inc DE’s holdings, making the stock its 8th largest holding. Towneley Capital Management Inc DE owned approximately 0.36% of Schwab Short-Term U.S. Treasury ETF worth $18,927,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SCHO. CWM LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 39.6% in the 3rd quarter. CWM LLC now owns 19,147 shares of the company’s stock worth $938,000 after buying an additional 5,428 shares during the last quarter. Koshinski Asset Management Inc. lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.4% in the 3rd quarter. Koshinski Asset Management Inc. now owns 33,567 shares of the company’s stock worth $1,644,000 after acquiring an additional 792 shares during the last quarter. ORG Partners LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at $476,000. Dover Advisors LLC bought a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $2,672,000. Finally, Clearview Wealth Advisors LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 14.6% in the 3rd quarter. Clearview Wealth Advisors LLC now owns 25,626 shares of the company’s stock worth $1,255,000 after purchasing an additional 3,258 shares during the period.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.15 on Tuesday. The firm has a fifty day simple moving average of $24.16 and a two-hundred day simple moving average of $24.26. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.85 and a twelve month high of $24.53.

About Schwab Short-Term U.S. Treasury ETF

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.