Beckerman Institutional LLC Grows Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Beckerman Institutional LLC raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 18.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 115,746 shares of the company’s stock after acquiring an additional 18,367 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up 1.9% of Beckerman Institutional LLC’s holdings, making the stock its 13th biggest position. Beckerman Institutional LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,822,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its holdings in Schwab Short-Term U.S. Treasury ETF by 214.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 585,777 shares of the company’s stock worth $14,281,000 after acquiring an additional 399,216 shares during the last quarter. Bank of Montreal Can increased its holdings in Schwab Short-Term U.S. Treasury ETF by 60.9% in the 2nd quarter. Bank of Montreal Can now owns 91,178 shares of the company’s stock worth $2,223,000 after acquiring an additional 34,514 shares during the last quarter. Mission Wealth Management LP purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the 2nd quarter worth about $5,163,000. Lifeworks Advisors LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 1.5% in the 2nd quarter. Lifeworks Advisors LLC now owns 116,832 shares of the company’s stock worth $2,848,000 after acquiring an additional 1,749 shares during the last quarter. Finally, Rede Wealth LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 4.2% in the 2nd quarter. Rede Wealth LLC now owns 102,393 shares of the company’s stock worth $2,496,000 after acquiring an additional 4,162 shares during the last quarter.

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

Shares of SCHO opened at $24.33 on Wednesday. The business has a 50-day moving average of $24.40 and a 200 day moving average of $24.33. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.06 and a fifty-two week high of $24.47.

Schwab Short-Term U.S. Treasury ETF 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.