Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Sold by Somerset Group LLC

Somerset Group LLC reduced its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 14.5% in the 2nd quarter, Holdings Channel reports. The firm owned 10,553 shares of the company’s stock after selling 1,787 shares during the quarter. Somerset Group LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $508,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Williams Financial LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 6,167.9% during the second quarter. Williams Financial LLC now owns 23,978,250 shares of the company’s stock worth $1,150,042,000 after buying an additional 23,595,691 shares in the last quarter. Sei Investments Co. boosted its position in Schwab Short-Term U.S. Treasury ETF by 12.5% during the first quarter. Sei Investments Co. now owns 7,454,433 shares of the company’s stock worth $359,379,000 after acquiring an additional 827,234 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Schwab Short-Term U.S. Treasury ETF by 6.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,190,119 shares of the company’s stock valued at $153,540,000 after acquiring an additional 182,056 shares in the last quarter. Stifel Financial Corp raised its holdings in Schwab Short-Term U.S. Treasury ETF by 3.8% in the 4th quarter. Stifel Financial Corp now owns 2,399,129 shares of the company’s stock valued at $116,239,000 after acquiring an additional 86,887 shares during the last quarter. Finally, Clearwater Capital Advisors LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF by 1.4% in the 2nd quarter. Clearwater Capital Advisors LLC now owns 1,720,326 shares of the company’s stock worth $82,799,000 after purchasing an additional 24,054 shares in the last quarter.

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

SCHO stock opened at $48.95 on Thursday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $47.65 and a 1 year high of $49.04. The business has a 50 day simple moving average of $48.63 and a 200-day simple moving average of $48.23.

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.