Christensen King & Associates Investment Services Inc. Purchases 78,549 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Christensen King & Associates Investment Services Inc. boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 102.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,151 shares of the company’s stock after purchasing an additional 78,549 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for approximately 1.8% of Christensen King & Associates Investment Services Inc.’s holdings, making the stock its 14th largest holding. Christensen King & Associates Investment Services Inc. owned approximately 0.07% of Schwab Short-Term U.S. Treasury ETF worth $3,736,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC bought a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at about $423,782,000. Sei Investments Co. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 1.9% during the 2nd 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. Envestnet Asset Management Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 6.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,190,119 shares of the company’s stock valued at $153,540,000 after purchasing an additional 182,056 shares during the period. Stifel Financial Corp lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 4.4% in the 3rd quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock valued at $146,894,000 after purchasing an additional 127,669 shares during the period. Finally, Bank of Montreal Can grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 15,996.5% during the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock worth $127,921,000 after purchasing an additional 2,591,761 shares during the period.

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

NYSEARCA:SCHO opened at $24.10 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.85 and a 1-year high of $24.53. The business’s 50-day moving average price is $24.15 and its two-hundred day moving average price is $24.25.

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.