Kennebec Savings Bank Acquires 536 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Kennebec Savings Bank raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 100.0% in the fourth quarter, HoldingsChannel reports. The firm owned 1,072 shares of the company’s stock after buying an additional 536 shares during the quarter. Kennebec Savings Bank’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $26,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Sound Income Strategies LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF by 213.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock worth $31,000 after acquiring an additional 864 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth $37,000. Davis Capital Management lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 78.5% in the 4th quarter. Davis Capital Management now owns 1,992 shares of the company’s stock worth $48,000 after purchasing an additional 876 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at about $49,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the second quarter valued at about $51,000.

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

Shares of SCHO opened at $24.23 on Friday. The company has a 50-day simple moving average of $24.16 and a two-hundred day simple moving average of $24.26. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.53.

Schwab Short-Term U.S. Treasury ETF Company 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.