DAVENPORT & Co LLC Has $27.41 Million Stock Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

DAVENPORT & Co LLC raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 8.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 568,609 shares of the company’s stock after purchasing an additional 45,530 shares during the period. DAVENPORT & Co LLC owned 0.26% of Schwab Short-Term U.S. Treasury ETF worth $27,413,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Howe & Rusling Inc. bought a new position in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth about $42,000. Fifth Third Bancorp acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter valued at approximately $46,000. Future Financial Wealth Managment LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter valued at approximately $50,000. Fortitude Family Office LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth approximately $71,000. Finally, Cooksen Wealth LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at $87,000.

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

NYSEARCA SCHO traded up $0.10 during midday trading on Thursday, hitting $48.22. The company had a trading volume of 951,250 shares, compared to its average volume of 1,392,628. The firm has a 50-day moving average price of $48.01 and a 200-day moving average price of $48.14. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $47.65 and a twelve month high of $48.65.

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.