Cambridge Trust Co. Raises Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Cambridge Trust Co. boosted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 2.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 19,730 shares of the company’s stock after acquiring an additional 385 shares during the period. Cambridge Trust Co.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $956,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Stifel Financial Corp lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 1.6% in the third quarter. Stifel Financial Corp now owns 2,312,242 shares of the company’s stock valued at $110,734,000 after acquiring an additional 37,402 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 583.8% in the 3rd quarter. Wealthfront Advisers LLC now owns 2,412,867 shares of the company’s stock valued at $115,552,000 after purchasing an additional 2,060,004 shares in the last quarter. Financial Gravity Asset Management Inc. boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 3,381.3% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,671 shares of the company’s stock worth $80,000 after purchasing an additional 1,623 shares during the last quarter. OneAscent Financial Services LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 22.5% during the 4th quarter. OneAscent Financial Services LLC now owns 5,228 shares of the company’s stock worth $253,000 after purchasing an additional 959 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth about $1,145,000.

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

NYSEARCA:SCHO opened at $47.85 on Friday. The firm has a 50 day simple moving average of $48.11 and a 200-day simple moving average of $48.14. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $47.65 and a 1-year high of $48.98.

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.