Valpey Financial Services LLC Grows Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Valpey Financial Services LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 2,499.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 5,246,793 shares of the company’s stock after buying an additional 5,044,981 shares during the period. Valpey Financial Services LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $127,864,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE raised its holdings in Schwab Short-Term U.S. Treasury ETF by 8.8% during the 3rd quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock valued at $2,895,446,000 after buying an additional 9,578,278 shares during the period. Ameriprise Financial Inc. raised its holdings in Schwab Short-Term U.S. Treasury ETF by 5.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after buying an additional 1,237,815 shares during the period. Sei Investments Co. raised its holdings in Schwab Short-Term U.S. Treasury ETF by 3.4% during the 3rd quarter. Sei Investments Co. now owns 17,596,729 shares of the company’s stock valued at $429,361,000 after buying an additional 570,536 shares during the period. Wealthfront Advisers LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 7.6% during the 4th quarter. Wealthfront Advisers LLC now owns 4,077,325 shares of the company’s stock valued at $99,364,000 after buying an additional 289,578 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in Schwab Short-Term U.S. Treasury ETF by 3.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,876,303 shares of the company’s stock valued at $94,466,000 after buying an additional 113,120 shares during the period.

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

NYSEARCA:SCHO opened at $24.19 on Friday. The stock’s fifty day moving average is $24.21 and its 200 day moving average is $24.31. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.10 and a fifty-two week high of $24.46.

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.