Lake Street Advisors Group LLC Acquires New Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Lake Street Advisors Group LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,639 shares of the company’s stock, valued at approximately $511,000.

Other institutional investors have also recently made changes to their positions in the company. Level Four Advisory Services LLC bought a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 2nd quarter worth approximately $871,000. Commonwealth Equity Services LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 17.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 78,277 shares of the company’s stock worth $3,819,000 after acquiring an additional 11,782 shares during the period. Ameriprise Financial Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF by 5.4% during the 1st quarter. Ameriprise Financial Inc. now owns 13,502,363 shares of the company’s stock worth $657,082,000 after acquiring an additional 687,067 shares during the period. Tilia Fiduciary Partners Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF by 235.9% during the 2nd quarter. Tilia Fiduciary Partners Inc. now owns 1,992 shares of the company’s stock worth $96,000 after acquiring an additional 1,399 shares during the period. Finally, Asset Planning Corporation raised its stake in Schwab Short-Term U.S. Treasury ETF by 1.9% during the 2nd quarter. Asset Planning Corporation now owns 216,187 shares of the company’s stock worth $10,390,000 after acquiring an additional 3,990 shares during the period.

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

NYSEARCA SCHO traded down $0.02 on Friday, reaching $48.03. 1,340,533 shares of the stock were exchanged, compared to its average volume of 2,245,144. Schwab Short-Term U.S. Treasury ETF has a one year low of $47.65 and a one year high of $49.13. The company’s 50-day simple moving average is $47.85 and its two-hundred day simple moving average is $48.05.

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.