Towercrest Capital Management Boosts Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Towercrest Capital Management grew its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 3.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,202 shares of the company’s stock after purchasing an additional 843 shares during the quarter. Towercrest Capital Management’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,069,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Stifel Financial Corp raised its stake in shares of 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 valued at $116,239,000 after purchasing an additional 86,887 shares in the last quarter. Lindenwold Advisors INC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.6% in the 4th quarter. Lindenwold Advisors INC now owns 37,850 shares of the company’s stock valued at $1,834,000 after purchasing an additional 972 shares in the last quarter. Brookstone Capital Management raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 19.6% in the 1st quarter. Brookstone Capital Management now owns 17,318 shares of the company’s stock valued at $835,000 after purchasing an additional 2,833 shares in the last quarter. Vise Technologies Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 52.4% in the 4th quarter. Vise Technologies Inc. now owns 52,595 shares of the company’s stock valued at $2,548,000 after purchasing an additional 18,074 shares in the last quarter. Finally, Evermay Wealth Management LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 87.1% in the 4th quarter. Evermay Wealth Management LLC now owns 618,802 shares of the company’s stock valued at $29,981,000 after purchasing an additional 288,038 shares in the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock traded up $0.09 during trading on Friday, reaching $48.87. The company had a trading volume of 1,444,337 shares, compared to its average volume of 1,327,799. The firm’s fifty day moving average is $48.48 and its 200-day moving average is $48.18. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $47.65 and a fifty-two week high of $48.92.

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.