Koshinski Asset Management Inc. Boosts Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Koshinski Asset Management Inc. grew its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 88.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 63,214 shares of the company’s stock after buying an additional 29,647 shares during the period. Koshinski Asset Management Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,521,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in SCHO. AE Wealth Management LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the second quarter valued at approximately $208,000. Thrivent Financial for Lutherans lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 0.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 436,242 shares of the company’s stock worth $20,996,000 after purchasing an additional 3,093 shares during the period. Toronto Dominion Bank acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the second quarter worth $9,626,000. Lummis Asset Management LP grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 1.1% in the second quarter. Lummis Asset Management LP now owns 37,479 shares of the company’s stock valued at $1,804,000 after purchasing an additional 397 shares during the period. Finally, NewEdge Advisors LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 194.4% in the second quarter. NewEdge Advisors LLC now owns 67,204 shares of the company’s stock valued at $3,235,000 after purchasing an additional 44,379 shares during the last quarter.

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

Shares of NYSEARCA:SCHO opened at $24.19 on Wednesday. The stock’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 has a 12-month low of $23.85 and a 12-month high of $24.53.

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.