JPMorgan Chase & Co. Raises Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

JPMorgan Chase & Co. boosted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 138.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,762,162 shares of the company’s stock after acquiring an additional 12,048,633 shares during the period. JPMorgan Chase & Co. owned about 0.10% of Schwab Short-Term U.S. Treasury ETF worth $499,538,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. BNP Paribas Financial Markets raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 5.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 298,330 shares of the company’s stock worth $14,612,000 after acquiring an additional 14,430 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the third quarter worth approximately $4,144,000. Tradition Wealth Management LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 3.5% during the 3rd quarter. Tradition Wealth Management LLC now owns 90,030 shares of the company’s stock worth $4,410,000 after buying an additional 3,018 shares during the last quarter. Cobblestone Capital Advisors LLC NY boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 3.6% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 48,119 shares of the company’s stock valued at $2,357,000 after buying an additional 1,673 shares in the last quarter. Finally, Benjamin Edwards Inc. purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at $1,665,000.

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

Shares of SCHO opened at $24.33 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.85 and a 1-year high of $24.54. The firm has a fifty day moving average price of $24.22 and a 200 day moving average price of $24.24.

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.