Marotta Asset Management Raises Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Marotta Asset Management grew its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 95.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 560,810 shares of the company’s stock after acquiring an additional 273,522 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises approximately 2.8% of Marotta Asset Management’s holdings, making the stock its 11th biggest holding. Marotta Asset Management owned about 0.26% of Schwab Short-Term U.S. Treasury ETF worth $13,538,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Independent Solutions Wealth Management LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 15.5% during the third quarter. Independent Solutions Wealth Management LLC now owns 104,707 shares of the company’s stock worth $5,129,000 after purchasing an additional 14,036 shares in the last quarter. Synovus Financial Corp grew its position in Schwab Short-Term U.S. Treasury ETF by 64.0% in the third quarter. Synovus Financial Corp now owns 14,514 shares of the company’s stock valued at $711,000 after acquiring an additional 5,662 shares in the last quarter. World Investment Advisors LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.3% during the third quarter. World Investment Advisors LLC now owns 346,995 shares of the company’s stock valued at $16,996,000 after purchasing an additional 4,295 shares during the period. LPL Financial LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 60.8% during the second quarter. LPL Financial LLC now owns 1,678,323 shares of the company’s stock worth $80,778,000 after purchasing an additional 634,343 shares in the last quarter. Finally, Hardin Capital Partners LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the second quarter worth about $361,000.

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

Shares of SCHO traded down $0.02 during trading on Friday, reaching $24.13. The company’s stock had a trading volume of 623,469 shares, compared to its average volume of 2,069,606. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.85 and a twelve month high of $24.53. The company has a fifty day moving average of $24.16 and a two-hundred day moving average of $24.24.

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.