Summit Asset Management LLC Has $467,000 Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Summit Asset Management LLC lessened its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 26.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,639 shares of the company’s stock after selling 3,550 shares during the period. Summit Asset Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $467,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Western Wealth Management LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 69.1% during the fourth quarter. Western Wealth Management LLC now owns 26,230 shares of the company’s stock valued at $1,271,000 after acquiring an additional 10,720 shares during the period. Stifel Financial Corp grew its holdings in Schwab Short-Term U.S. Treasury ETF by 1.6% in the 3rd quarter. Stifel Financial Corp now owns 2,312,242 shares of the company’s stock valued at $110,734,000 after buying an additional 37,402 shares during the last quarter. Wealthfront Advisers LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 583.8% in the 3rd quarter. Wealthfront Advisers LLC now owns 2,412,867 shares of the company’s stock worth $115,552,000 after buying an additional 2,060,004 shares during the period. Financial Gravity Asset Management Inc. lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 3,381.3% during the third quarter. Financial Gravity Asset Management Inc. now owns 1,671 shares of the company’s stock worth $80,000 after buying an additional 1,623 shares during the last quarter. Finally, OneAscent Financial Services LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 22.5% in the fourth quarter. OneAscent Financial Services LLC now owns 5,228 shares of the company’s stock valued at $253,000 after acquiring an additional 959 shares during the period.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.2 %

Shares of Schwab Short-Term U.S. Treasury ETF stock traded up $0.08 during midday trading on Thursday, hitting $47.83. The company had a trading volume of 593,127 shares, compared to its average volume of 1,718,209. The business’s 50 day simple moving average is $48.04 and its two-hundred day simple moving average is $48.15. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $47.65 and a 1-year high of $48.98.

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.