Towneley Capital Management Inc DE Has $13.05 Million Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Towneley Capital Management Inc DE lessened its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 34.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 535,171 shares of the company’s stock after selling 279,044 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for approximately 3.0% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 10th biggest position. Towneley Capital Management Inc DE’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $13,047,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Morling Financial Advisors LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter valued at about $25,000. Rossby Financial LCC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter valued at about $26,000. von Borstel & Associates Inc. bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter valued at about $27,000. Cooksen Wealth LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter valued at about $32,000. Finally, GSB Wealth Management LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 95.9% in the second quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock valued at $33,000 after acquiring an additional 654 shares during the period.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.45 on Tuesday. The firm has a 50-day moving average of $24.38 and a 200-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.