Galvin Gaustad & Stein LLC Boosts Stock Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Galvin Gaustad & Stein LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 144.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 574,822 shares of the company’s stock after purchasing an additional 339,653 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $13,830,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SCHO. Jane Street Group LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth $423,782,000. Stifel Financial Corp raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 4.4% during the 3rd quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock worth $146,894,000 after buying an additional 127,669 shares in the last quarter. MCF Advisors LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 133.5% in the 4th quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock worth $70,477,000 after purchasing an additional 1,674,798 shares in the last quarter. Bank of Montreal Can increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 15,996.5% in the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock worth $127,921,000 after acquiring an additional 2,591,761 shares in the last quarter. Finally, West Coast Financial LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 162.2% in the fourth quarter. West Coast Financial LLC now owns 2,457,475 shares of the company’s stock worth $59,127,000 after acquiring an additional 1,520,253 shares in the last quarter.

Schwab Short-Term U.S. Treasury ETF Stock Down 0.1 %

Shares of SCHO opened at $24.18 on Thursday. The company’s 50 day moving average price is $24.16 and its 200 day moving average price is $24.25. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $23.85 and a 52 week high of $24.53.

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.