Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Acquired by Tortoise Investment Management LLC

Tortoise Investment Management LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 56.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 153,766 shares of the company’s stock after buying an additional 55,200 shares during the period. Tortoise Investment Management LLC owned approximately 0.07% of Schwab Short-Term U.S. Treasury ETF worth $3,700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Savvy Advisors Inc. increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.9% during the 3rd quarter. Savvy Advisors Inc. now owns 23,138 shares of the company’s stock worth $1,133,000 after buying an additional 430 shares during the last quarter. Islay Capital Management LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.0% during the 3rd quarter. Islay Capital Management LLC now owns 48,646 shares of the company’s stock worth $2,383,000 after buying an additional 489 shares during the last quarter. BNP Paribas boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 4.1% during the 3rd quarter. BNP Paribas now owns 13,466 shares of the company’s stock worth $660,000 after purchasing an additional 528 shares during the period. Kennebec Savings Bank purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth approximately $26,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 100.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock worth $28,000 after purchasing an additional 591 shares during the period.

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

NYSEARCA:SCHO opened at $24.25 on Monday. The company has a 50 day moving average price of $24.18 and a 200 day moving average price of $24.25. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.85 and a fifty-two week high of $24.53.

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.