Morling Financial Advisors LLC Has $120,000 Stock Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Morling Financial Advisors LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 383.5% in the second quarter, Holdings Channel reports. The firm owned 4,932 shares of the company’s stock after purchasing an additional 3,912 shares during the period. Morling Financial Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $120,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameriprise Financial Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.3% in the 1st quarter. Ameriprise Financial Inc. now owns 21,839,892 shares of the company’s stock valued at $531,926,000 after buying an additional 492,753 shares during the period. JPMorgan Chase & Co. lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 3.4% during the first quarter. JPMorgan Chase & Co. now owns 21,461,902 shares of the company’s stock worth $522,383,000 after acquiring an additional 699,740 shares in the last quarter. Jane Street Group LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 18,907.4% in the first quarter. Jane Street Group LLC now owns 11,903,400 shares of the company’s stock valued at $289,729,000 after acquiring an additional 11,840,775 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 5.2% in the second quarter. Envestnet Asset Management Inc. now owns 8,046,412 shares of the company’s stock worth $196,172,000 after acquiring an additional 401,306 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 40.7% during the second quarter. PNC Financial Services Group Inc. now owns 3,819,204 shares of the company’s stock worth $93,112,000 after purchasing an additional 1,104,604 shares during the period.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.0%

NYSEARCA:SCHO opened at $24.37 on Wednesday. The business’s 50-day simple moving average is $24.39 and its 200-day simple moving average is $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.

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.