Schwab Short-Term U.S. Treasury ETF $SCHO Shares Purchased by Access Financial Services Inc.

Access Financial Services Inc. boosted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 2,668.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 633,783 shares of the company’s stock after purchasing an additional 610,888 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises approximately 5.8% of Access Financial Services Inc.’s portfolio, making the stock its 5th largest position. Access Financial Services Inc. owned 0.14% of Schwab Short-Term U.S. Treasury ETF worth $15,452,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 6.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 17,318 shares of the company’s stock valued at $422,000 after purchasing an additional 1,013 shares during the last quarter. Cerity Partners LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 3.6% in the first quarter. Cerity Partners LLC now owns 61,720 shares of the company’s stock worth $1,502,000 after acquiring an additional 2,118 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 361.0% in the first quarter. Bank of New York Mellon Corp now owns 186,561 shares of the company’s stock worth $4,541,000 after acquiring an additional 146,092 shares in the last quarter. Private Trust Co. NA grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 21.3% in the first quarter. Private Trust Co. NA now owns 4,646 shares of the company’s stock worth $113,000 after acquiring an additional 815 shares in the last quarter. Finally, Focus Partners Wealth grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.1% in the first quarter. Focus Partners Wealth now owns 140,174 shares of the company’s stock worth $3,412,000 after acquiring an additional 2,848 shares in the last quarter.

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

NYSEARCA:SCHO opened at $24.36 on Thursday. The company has a fifty day simple moving average of $24.36 and a two-hundred day simple moving average of $24.31. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $24.06 and a 52 week high of $24.47.

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.