Lowery Thomas LLC Has $3.27 Million Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Lowery Thomas LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 63.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 136,043 shares of the company’s stock after buying an additional 52,758 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises approximately 2.1% of Lowery Thomas LLC’s portfolio, making the stock its 16th biggest position. Lowery Thomas LLC owned about 0.06% of Schwab Short-Term U.S. Treasury ETF worth $3,273,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SCHO. Jane Street Group LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth about $423,782,000. Bank of Montreal Can lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 15,996.5% in the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock worth $127,921,000 after purchasing an additional 2,591,761 shares in the last quarter. MCF Advisors LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 133.5% during the fourth quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock worth $70,477,000 after purchasing an additional 1,674,798 shares during the period. West Coast Financial LLC grew its position 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 in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in Schwab Short-Term U.S. Treasury ETF by 92.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,518,362 shares of the company’s stock valued at $60,592,000 after buying an additional 1,210,645 shares during the period.

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

SCHO stock opened at $24.25 on Monday. The company has a 50 day moving average of $24.18 and a two-hundred day moving average of $24.25. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $23.85 and a 12-month high of $24.53.

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.