Joule Financial LLC Acquires 3,167 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Joule Financial LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 23.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,862 shares of the company’s stock after acquiring an additional 3,167 shares during the quarter. Joule Financial LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $410,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 104.9% in the 4th quarter. Bank of America Corp DE now owns 160,244,548 shares of the company’s stock worth $3,855,484,000 after purchasing an additional 82,051,493 shares during the period. Ameriprise Financial Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 75.1% in the fourth quarter. Ameriprise Financial Inc. now owns 21,347,139 shares of the company’s stock worth $513,204,000 after buying an additional 9,152,670 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Schwab Short-Term U.S. Treasury ETF by 138.3% during the fourth quarter. JPMorgan Chase & Co. now owns 20,762,162 shares of the company’s stock worth $499,538,000 after buying an additional 12,048,633 shares during the period. Sei Investments Co. raised its position in 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 purchasing an additional 8,514,242 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in Schwab Short-Term U.S. Treasury ETF by 162.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,207,855 shares of the company’s stock worth $173,421,000 after purchasing an additional 4,457,169 shares during the last quarter.

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

Shares of NYSEARCA:SCHO opened at $24.19 on Friday. The business has a 50 day simple moving average of $24.30 and a two-hundred day simple moving average of $24.23. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.94 and a 1 year 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.