Wedbush Securities Inc. Cuts Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Wedbush Securities Inc. decreased its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 13.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,514 shares of the company’s stock after selling 1,840 shares during the period. Wedbush Securities Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $554,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of SCHO. Williams Financial LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 6,167.9% in the 2nd quarter. Williams Financial LLC now owns 23,978,250 shares of the company’s stock worth $1,150,042,000 after buying an additional 23,595,691 shares in the last quarter. Sei Investments Co. boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 12.5% in the first quarter. Sei Investments Co. now owns 7,454,433 shares of the company’s stock valued at $359,379,000 after purchasing an additional 827,234 shares during the last quarter. Fiduciary Financial Group LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 2nd quarter valued at approximately $31,977,000. TruNorth Capital Management LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF during the 1st quarter worth approximately $27,313,000. Finally, Financial Counselors Inc. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 71.1% in the 1st quarter. Financial Counselors Inc. now owns 862,949 shares of the company’s stock valued at $41,603,000 after purchasing an additional 358,669 shares in the last quarter.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $48.91 on Friday. The stock has a 50 day moving average of $48.56 and a 200-day moving average of $48.20. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $47.65 and a 52 week high of $48.97.

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.