Burns Matteson Capital Management LLC Buys New Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Burns Matteson Capital Management LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the 1st quarter, Holdings Channel.com reports. The firm bought 6,423 shares of the company’s stock, valued at approximately $310,000.

Several other institutional investors also recently bought and sold shares of SCHO. Sei Investments Co. lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 12.5% in the 1st quarter. Sei Investments Co. now owns 7,454,433 shares of the company’s stock worth $359,379,000 after buying an additional 827,234 shares during the period. Stifel Financial Corp lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 3.8% in the 4th quarter. Stifel Financial Corp now owns 2,399,129 shares of the company’s stock worth $116,239,000 after buying an additional 86,887 shares during the period. Clearwater Capital Advisors LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 5.1% in the 1st quarter. Clearwater Capital Advisors LLC now owns 1,696,272 shares of the company’s stock worth $81,777,000 after buying an additional 82,523 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 1.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,413,279 shares of the company’s stock worth $68,473,000 after buying an additional 14,460 shares during the period. Finally, MCF Advisors LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 4.3% in the 1st quarter. MCF Advisors LLC now owns 1,124,007 shares of the company’s stock worth $54,188,000 after buying an additional 46,379 shares during the period.

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

NYSEARCA SCHO remained flat at $48.33 on Thursday. The company’s stock had a trading volume of 850,472 shares, compared to its average volume of 1,353,319. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $47.65 and a 1-year high of $48.65. The firm’s 50-day simple moving average is $48.08 and its 200-day simple moving average is $48.13.

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.