TruNorth Capital Management LLC Has $38.33 Million Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

TruNorth Capital Management LLC grew its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 134.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,592,885 shares of the company’s stock after buying an additional 914,643 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for about 497.3% of TruNorth Capital Management LLC’s holdings, making the stock its 2nd largest position. TruNorth Capital Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $38,325,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SCHO. Kennebec Savings Bank bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth approximately $26,000. Golden State Wealth Management LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at $26,000. Aspect Partners LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at $26,000. Spire Wealth Management boosted its stake in Schwab Short-Term U.S. Treasury ETF by 100.0% during the fourth quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock worth $29,000 after buying an additional 612 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 213.3% during the fourth quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock worth $31,000 after buying an additional 864 shares in the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.22 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.85 and a 52-week high of $24.53. The company’s fifty day moving average price is $24.15 and its two-hundred day moving average price is $24.25.

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.