Friedenthal Financial Sells 2,152 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Friedenthal Financial reduced its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 12.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,856 shares of the company’s stock after selling 2,152 shares during the quarter. Friedenthal Financial’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $362,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SCHO. Ameriprise Financial Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 2.3% during the 1st quarter. Ameriprise Financial Inc. now owns 21,839,892 shares of the company’s stock worth $531,926,000 after buying an additional 492,753 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Schwab Short-Term U.S. Treasury ETF by 3.4% during the 1st quarter. JPMorgan Chase & Co. now owns 21,461,902 shares of the company’s stock worth $522,383,000 after buying an additional 699,740 shares in the last quarter. Jane Street Group LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 18,907.4% during the 1st quarter. Jane Street Group LLC now owns 11,903,400 shares of the company’s stock worth $289,729,000 after buying an additional 11,840,775 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 6.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,645,106 shares of the company’s stock worth $186,082,000 after buying an additional 437,251 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 4.3% during the 1st quarter. Wealthfront Advisers LLC now owns 3,916,163 shares of the company’s stock worth $95,319,000 after buying an additional 160,299 shares in the last quarter.

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

Shares of NYSEARCA:SCHO opened at $24.37 on Wednesday. The company’s 50-day moving average price is $24.36 and its two-hundred day moving average price is $24.32. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.06 and a one year high of $24.47.

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.