Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Bought by Frontier Asset Management LLC

Frontier Asset Management LLC raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 82.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 213,972 shares of the company’s stock after acquiring an additional 96,620 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up 1.7% of Frontier Asset Management LLC’s portfolio, making the stock its 19th biggest holding. Frontier Asset Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $5,148,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in SCHO. Jane Street Group LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $423,782,000. Stifel Financial Corp increased its stake in Schwab Short-Term U.S. Treasury ETF by 4.4% in the third quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock valued at $146,894,000 after purchasing an additional 127,669 shares during the last quarter. MCF Advisors LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 133.5% in the fourth quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock valued at $70,477,000 after purchasing an additional 1,674,798 shares during the last quarter. Bank of Montreal Can grew its position in Schwab Short-Term U.S. Treasury ETF by 15,996.5% during the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock valued at $127,921,000 after acquiring an additional 2,591,761 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in Schwab Short-Term U.S. Treasury ETF by 92.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,518,362 shares of the company’s stock valued at $60,592,000 after acquiring an additional 1,210,645 shares during the period.

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

SCHO stock opened at $24.25 on Friday. The stock has a 50-day moving average price of $24.18 and a two-hundred day moving average price of $24.25. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $23.85 and a 12-month high of $24.53.

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.