Schwab Short-Term U.S. Treasury ETF $SCHO Stock: Islay Capital Management LLC Increases Stake

Islay Capital Management LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report) by 34.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 294,870 shares of the company’s stock after acquiring an additional 75,272 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up 3.3% of Islay Capital Management LLC’s portfolio, making the stock its 7th largest holding. Islay Capital Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $7,036,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SCHO. Envestnet Asset Management Inc. grew 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 worth $319,832,000 after buying an additional 5,577,503 shares in the last quarter. MCF Advisors LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 60.8% during 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 period. PNC Financial Services Group Inc. raised its stake in shares of 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 in the last quarter. Bangor Savings Bank acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the third quarter worth $66,045,000. Finally, Fiduciary Financial Group LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5.9% in the 2nd quarter. Fiduciary Financial Group LLC now owns 2,304,888 shares of the company’s stock valued at $55,640,000 after buying an additional 128,147 shares in the last quarter.

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

SCHO stock traded down $0.01 during trading on Tuesday, hitting $23.89. The company had a trading volume of 1,641,823 shares, compared to its average volume of 4,053,014. The company has a fifty day moving average price of $23.96 and a two-hundred day moving average price of $24.08. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.79 and a fifty-two week high of $24.46.

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

(Free Report)

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.

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