Lummis Asset Management LP Has $1.25 Million Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Lummis Asset Management LP boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 43.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 51,776 shares of the company’s stock after buying an additional 15,668 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises about 1.6% of Lummis Asset Management LP’s portfolio, making the stock its 20th biggest holding. Lummis Asset Management LP’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,246,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Hart & Patterson Financial Group LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.4% in the third quarter. Hart & Patterson Financial Group LLC now owns 27,454 shares of the company’s stock worth $1,345,000 after buying an additional 374 shares during the last quarter. Savvy Advisors Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 1.9% during the 3rd quarter. Savvy Advisors Inc. now owns 23,138 shares of the company’s stock worth $1,133,000 after acquiring an additional 430 shares during the last quarter. Princeton Global Asset Management LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 1.3% during the 3rd quarter. Princeton Global Asset Management LLC now owns 32,927 shares of the company’s stock worth $1,613,000 after acquiring an additional 436 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 3.9% during the third quarter. Creative Financial Designs Inc. ADV now owns 12,436 shares of the company’s stock valued at $609,000 after acquiring an additional 467 shares during the period. Finally, Beacon Financial Advisory LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 1.9% in the third quarter. Beacon Financial Advisory LLC now owns 26,586 shares of the company’s stock valued at $1,302,000 after purchasing an additional 485 shares during the last quarter.

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

NYSEARCA SCHO opened at $24.17 on Friday. The stock has a 50-day simple moving average of $24.15 and a 200 day simple moving average of $24.25. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.85 and a twelve 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.