Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) is Towneley Capital Management Inc DE’s 8th Largest Position

Towneley Capital Management Inc DE raised its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 105.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 786,649 shares of the company’s stock after purchasing an additional 403,596 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up about 4.5% of Towneley Capital Management Inc DE’s holdings, making the stock its 8th biggest holding. Towneley Capital Management Inc DE’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $18,927,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CWM LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 39.6% during the third quarter. CWM LLC now owns 19,147 shares of the company’s stock valued at $938,000 after buying an additional 5,428 shares during the period. Koshinski Asset Management Inc. raised its holdings in Schwab Short-Term U.S. Treasury ETF by 2.4% in the third quarter. Koshinski Asset Management Inc. now owns 33,567 shares of the company’s stock worth $1,644,000 after purchasing an additional 792 shares in the last quarter. ORG Partners LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at about $476,000. Dover Advisors LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth approximately $2,672,000. Finally, Clearview Wealth Advisors LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 14.6% in the third quarter. Clearview Wealth Advisors LLC now owns 25,626 shares of the company’s stock worth $1,255,000 after acquiring an additional 3,258 shares in the last quarter.

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

NYSEARCA:SCHO opened at $24.15 on Tuesday. The firm has a 50-day simple moving average of $24.16 and a two-hundred day simple moving average of $24.26. 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.