Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Sold by Assetmark Inc.

Assetmark Inc. lessened its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 10.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 38,912 shares of the company’s stock after selling 4,576 shares during the quarter. Assetmark Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,885,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Western Wealth Management LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 69.1% in the fourth quarter. Western Wealth Management LLC now owns 26,230 shares of the company’s stock worth $1,271,000 after acquiring an additional 10,720 shares in the last quarter. Stifel Financial Corp raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.6% in the third quarter. Stifel Financial Corp now owns 2,312,242 shares of the company’s stock worth $110,734,000 after purchasing an additional 37,402 shares during the last quarter. Financial Gravity Asset Management Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 3,381.3% in the third quarter. Financial Gravity Asset Management Inc. now owns 1,671 shares of the company’s stock worth $80,000 after purchasing an additional 1,623 shares during the last quarter. OneAscent Financial Services LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 22.5% in the fourth quarter. OneAscent Financial Services LLC now owns 5,228 shares of the company’s stock worth $253,000 after purchasing an additional 959 shares during the last quarter. Finally, Kestra Private Wealth Services LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 115.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 54,833 shares of the company’s stock worth $2,657,000 after purchasing an additional 29,402 shares during the last quarter.

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

Shares of NYSEARCA:SCHO opened at $47.97 on Friday. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $47.65 and a 52-week high of $48.65. The business has a 50-day moving average price of $47.98 and a 200-day moving average price of $48.16.

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.