Schwab Short-Term U.S. Treasury ETF $SCHO Shares Sold by Morningstar Investment Management LLC

Morningstar Investment Management LLC reduced its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 14.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,681,738 shares of the company’s stock after selling 288,391 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up approximately 3.6% of Morningstar Investment Management LLC’s investment portfolio, making the stock its 9th largest position. Morningstar Investment Management LLC owned about 0.37% of Schwab Short-Term U.S. Treasury ETF worth $41,001,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in SCHO. Brighton Jones LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 227.2% in the 4th quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after buying an additional 12,810 shares in the last quarter. Stewardship Advisors LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 9.4% in the 1st quarter. Stewardship Advisors LLC now owns 21,915 shares of the company’s stock valued at $533,000 after buying an additional 1,882 shares in the last quarter. Access Financial Services Inc. purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the 1st quarter valued at $557,000. Traphagen Investment Advisors LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the 1st quarter valued at $205,000. Finally, Christensen King & Associates Investment Services Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 2.7% in the 1st quarter. Christensen King & Associates Investment Services Inc. now owns 159,283 shares of the company’s stock valued at $3,869,000 after buying an additional 4,132 shares in the last quarter.

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

Shares of NYSEARCA:SCHO opened at $24.40 on Tuesday. The business has a fifty day moving average of $24.37 and a two-hundred day moving average of $24.32. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.06 and a 52-week high of $24.47.

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.