Contravisory Investment Management Inc. Raises Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Contravisory Investment Management Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 100.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,420 shares of the company’s stock after acquiring an additional 3,210 shares during the quarter. Contravisory Investment Management Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $154,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of SCHO. Jane Street Group LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth approximately $423,782,000. Sei Investments Co. raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.9% during the second quarter. Sei Investments Co. now owns 7,598,948 shares of the company’s stock valued at $365,738,000 after acquiring an additional 144,515 shares during the last quarter. Stifel Financial Corp lifted its position in shares of 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 acquiring an additional 127,669 shares in the last quarter. Bank of Montreal Can lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 15,996.5% in the 3rd quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock valued at $127,921,000 after purchasing an additional 2,591,761 shares in the last quarter. Finally, Bangor Savings Bank boosted its stake in Schwab Short-Term U.S. Treasury ETF by 109.2% during the 4th quarter. Bangor Savings Bank now owns 1,666,108 shares of the company’s stock worth $40,087,000 after purchasing an additional 869,727 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Stock Up 0.1 %

Schwab Short-Term U.S. Treasury ETF stock opened at $24.19 on Friday. The company has a fifty 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 52-week low of $23.85 and a 52-week 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.