Exchange Capital Management Inc. Purchases 208 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Exchange Capital Management Inc. increased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 3.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,909 shares of the company’s stock after acquiring an additional 208 shares during the quarter. Exchange Capital Management Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $284,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Williams Financial LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 6,167.9% during the 2nd quarter. Williams Financial LLC now owns 23,978,250 shares of the company’s stock valued at $1,150,042,000 after acquiring an additional 23,595,691 shares in the last quarter. Sei Investments Co. boosted its position 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 buying an additional 827,234 shares in the last quarter. Clearwater Capital Advisors LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 95.2% in the fourth quarter. Clearwater Capital Advisors LLC now owns 1,613,749 shares of the company’s stock valued at $78,186,000 after buying an additional 787,113 shares in the last quarter. Fiduciary Financial Group LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF in the second quarter valued at about $31,977,000. Finally, TruNorth Capital Management LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF in the first quarter valued at about $27,313,000.

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

NYSEARCA:SCHO traded down $0.07 on Thursday, reaching $48.69. The stock had a trading volume of 318,785 shares, compared to its average volume of 1,334,135. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $47.65 and a 1-year high of $48.85. The stock has a fifty day moving average price of $48.32 and a 200-day moving average price of $48.14.

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.