Towercrest Capital Management Boosts Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Towercrest Capital Management boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 107.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,929 shares of the company’s stock after acquiring an additional 24,361 shares during the quarter. Towercrest Capital Management’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of SCHO. Sei Investments Co. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 109.8% in the 4th quarter. Sei Investments Co. now owns 16,267,808 shares of the company’s stock worth $391,403,000 after acquiring an additional 8,514,242 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth $423,782,000. LPL Financial LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 95.6% during the fourth quarter. LPL Financial LLC now owns 3,361,106 shares of the company’s stock valued at $80,868,000 after purchasing an additional 1,642,412 shares in the last quarter. Stifel Financial Corp lifted its position in Schwab Short-Term U.S. Treasury ETF by 4.4% during the third quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock valued at $146,894,000 after purchasing an additional 127,669 shares in the last quarter. Finally, MCF Advisors LLC raised its holdings in 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 valued at $70,477,000 after acquiring an additional 1,674,798 shares during the period.

Schwab Short-Term U.S. Treasury ETF Stock Up 0.1 %

Shares of SCHO stock opened at $24.32 on Monday. The stock’s 50-day moving average price is $24.21 and its 200-day moving average price is $24.24. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $23.85 and a 12-month high of $24.54.

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.