Capital Planning LLC Invests $260,000 in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Capital Planning LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 10,800 shares of the company’s stock, valued at approximately $260,000.

Several other institutional investors also recently modified their holdings of the business. Empirical Asset Management LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 115.5% during the 4th quarter. Empirical Asset Management LLC now owns 14,759 shares of the company’s stock worth $355,000 after buying an additional 7,911 shares during the period. Carnegie Investment Counsel grew its holdings in Schwab Short-Term U.S. Treasury ETF by 62.1% during the fourth quarter. Carnegie Investment Counsel now owns 12,055 shares of the company’s stock valued at $290,000 after purchasing an additional 4,619 shares during the period. West Coast Financial LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 162.2% during the fourth quarter. West Coast Financial LLC now owns 2,457,475 shares of the company’s stock valued at $59,127,000 after purchasing an additional 1,520,253 shares during the period. Guardian Financial Partners LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 190.9% during the fourth quarter. Guardian Financial Partners LLC now owns 42,937 shares of the company’s stock valued at $1,033,000 after purchasing an additional 28,178 shares during the period. Finally, Hennion & Walsh Asset Management Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 156.1% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 36,121 shares of the company’s stock valued at $869,000 after purchasing an additional 22,014 shares during the period.

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

Shares of NYSEARCA SCHO opened at $24.19 on Friday. The firm has a 50 day moving average price of $24.15 and a 200 day moving average price of $24.25. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.85 and a 52-week 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.