Lumbard & Kellner LLC Sells 6,716 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Lumbard & Kellner LLC decreased its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 12.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,622 shares of the company’s stock after selling 6,716 shares during the quarter. Lumbard & Kellner LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,137,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SCHO. GSB Wealth Management LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 95.9% in the 2nd quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock worth $33,000 after purchasing an additional 654 shares in the last quarter. Blue Trust Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF by 57.4% in the second quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock worth $52,000 after buying an additional 783 shares in the last quarter. Grove Bank & Trust bought a new position in Schwab Short-Term U.S. Treasury ETF in the second quarter worth about $61,000. Costello Asset Management INC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the first quarter worth about $93,000. Finally, Fortitude Family Office LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the 2nd quarter valued at approximately $106,000.

Schwab Short-Term U.S. Treasury ETF Trading Down 0.0%

SCHO stock opened at $24.43 on Monday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.06 and a fifty-two week high of $24.47. The business’s 50 day moving average price is $24.39 and its two-hundred day moving average price is $24.34.

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.