Schwab Short-Term U.S. Treasury ETF $SCHO Stock: Lodestar Private Asset Management LLC Increases Position

Lodestar Private Asset Management LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 19.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 146,226 shares of the company’s stock after purchasing an additional 23,570 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $3,489,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in Schwab Short-Term U.S. Treasury ETF by 72.7% during the second quarter. Envestnet Asset Management Inc. now owns 13,249,057 shares of the company’s stock valued at $319,832,000 after purchasing an additional 5,577,503 shares in the last quarter. MCF Advisors LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 60.8% in the second quarter. MCF Advisors LLC now owns 4,431,584 shares of the company’s stock valued at $106,978,000 after purchasing an additional 1,676,213 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Schwab Short-Term U.S. Treasury ETF by 5.9% in the first quarter. PNC Financial Services Group Inc. now owns 4,104,187 shares of the company’s stock valued at $99,609,000 after purchasing an additional 227,884 shares during the last quarter. Bangor Savings Bank grew its stake in Schwab Short-Term U.S. Treasury ETF by 7.1% in the second quarter. Bangor Savings Bank now owns 2,758,500 shares of the company’s stock valued at $66,590,000 after purchasing an additional 181,853 shares during the last quarter. Finally, Fiduciary Financial Group LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 5.9% in the second quarter. Fiduciary Financial Group LLC now owns 2,304,888 shares of the company’s stock valued at $55,640,000 after purchasing an additional 128,147 shares during the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $23.94 on Wednesday. The company has a 50-day simple moving average of $23.94 and a two-hundred day simple moving average of $24.15. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.79 and a one year high of $24.46.

Schwab Short-Term U.S. Treasury ETF Company 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.