Envestnet Asset Management Inc. Raises Stock Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Envestnet Asset Management Inc. boosted its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 162.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,207,855 shares of the company’s stock after purchasing an additional 4,457,169 shares during the period. Envestnet Asset Management Inc. owned about 3.31% of Schwab Short-Term U.S. Treasury ETF worth $173,421,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 138.3% in the 4th quarter. JPMorgan Chase & Co. now owns 20,762,162 shares of the company’s stock worth $499,538,000 after buying an additional 12,048,633 shares during the last quarter. Sei Investments Co. boosted its stake in Schwab Short-Term U.S. Treasury ETF by 109.8% in the fourth quarter. Sei Investments Co. now owns 16,267,808 shares of the company’s stock valued at $391,403,000 after acquiring an additional 8,514,242 shares during the last quarter. LPL Financial LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 95.6% in the fourth quarter. LPL Financial LLC now owns 3,361,106 shares of the company’s stock valued at $80,868,000 after acquiring an additional 1,642,412 shares during the last quarter. MCF Advisors LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 133.5% during the 4th quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock valued at $70,477,000 after acquiring an additional 1,674,798 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 92.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,518,362 shares of the company’s stock worth $60,592,000 after purchasing an additional 1,210,645 shares during the last quarter.

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

NYSEARCA:SCHO opened at $24.37 on Monday. The firm’s 50 day moving average is $24.24 and its 200 day moving average is $24.23. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.85 and a 12 month high of $24.54.

Schwab Short-Term U.S. Treasury ETF Company 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.