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

JPMorgan Chase & Co. lowered its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,713,529 shares of the company’s stock after selling 369,994 shares during the period. JPMorgan Chase & Co. owned approximately 4.01% of Schwab Short-Term U.S. Treasury ETF worth $426,789,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Claro Advisors LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 4.3% during the second quarter. Claro Advisors LLC now owns 5,653 shares of the company’s stock valued at $272,000 after purchasing an additional 231 shares during the last quarter. Kuhn & Co Investment Counsel raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 1.4% during the 2nd quarter. Kuhn & Co Investment Counsel now owns 19,513 shares of the company’s stock valued at $939,000 after buying an additional 265 shares in the last quarter. Hart & Patterson Financial Group LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.4% during the 3rd quarter. Hart & Patterson Financial Group LLC now owns 27,454 shares of the company’s stock worth $1,345,000 after acquiring an additional 374 shares during the last quarter. Lummis Asset Management LP grew its position in Schwab Short-Term U.S. Treasury ETF by 1.1% in the second quarter. Lummis Asset Management LP now owns 37,479 shares of the company’s stock worth $1,804,000 after acquiring an additional 397 shares in the last quarter. Finally, Lauterbach Financial Advisors LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 8.6% in the second quarter. Lauterbach Financial Advisors LLC now owns 5,307 shares of the company’s stock valued at $259,000 after acquiring an additional 422 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Stock Up 0.0 %

Shares of SCHO stock opened at $24.10 on Friday. The business has a 50-day moving average price of $24.19 and a two-hundred day moving average price of $24.24. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $23.85 and a 12-month high of $24.53.

About Schwab Short-Term U.S. Treasury ETF

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.