Renaissance Technologies LLC Purchases 164,465 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Renaissance Technologies LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 19.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,028,000 shares of the company’s stock after acquiring an additional 164,465 shares during the period. Renaissance Technologies LLC owned approximately 0.47% of Schwab Short-Term U.S. Treasury ETF worth $49,478,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHO. Motco acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter worth $31,000. Future Financial Wealth Managment LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the 1st quarter worth $50,000. Fifth Third Bancorp increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 24.6% during the 2nd quarter. Fifth Third Bancorp now owns 1,184 shares of the company’s stock worth $57,000 after purchasing an additional 234 shares during the period. Cooksen Wealth LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the fourth quarter valued at about $87,000. Finally, Blue Trust Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 465.2% in the second quarter. Blue Trust Inc. now owns 2,419 shares of the company’s stock valued at $117,000 after buying an additional 1,991 shares during the period.

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

Shares of SCHO opened at $48.98 on Wednesday. The stock’s 50-day moving average price is $48.61 and its 200 day moving average price is $48.22. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $47.65 and a 12-month high of $49.02.

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.