Carlton Hofferkamp & Jenks Wealth Management LLC Lowers Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Carlton Hofferkamp & Jenks Wealth Management LLC reduced its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 8.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 182,246 shares of the company’s stock after selling 16,468 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises 1.6% of Carlton Hofferkamp & Jenks Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $4,425,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 227.2% during the 4th quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after acquiring an additional 12,810 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 6.2% during the first quarter. Janney Montgomery Scott LLC now owns 17,318 shares of the company’s stock worth $422,000 after purchasing an additional 1,013 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 100.8% during the 1st quarter. Golden State Wealth Management LLC now owns 2,155 shares of the company’s stock valued at $52,000 after buying an additional 1,082 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 67.3% in the first quarter. Sequoia Financial Advisors LLC now owns 58,169 shares of the company’s stock worth $1,416,000 after purchasing an additional 23,401 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 57.9% during the first quarter. Creative Financial Designs Inc. ADV now owns 41,232 shares of the company’s stock worth $1,004,000 after purchasing an additional 15,119 shares during the period.

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

Shares of SCHO opened at $24.45 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.06 and a 1 year high of $24.47. The firm has a fifty day moving average of $24.39 and a 200-day moving average of $24.33.

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.