Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Position Boosted by Synovus Financial Corp

Synovus Financial Corp raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 20.5% during the 4th quarter, Holdings Channel reports. The fund owned 17,492 shares of the company’s stock after purchasing an additional 2,978 shares during the period. Synovus Financial Corp’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in SCHO. JPMorgan Chase & Co. lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 138.3% in the fourth quarter. JPMorgan Chase & Co. now owns 20,762,162 shares of the company’s stock worth $499,538,000 after purchasing an additional 12,048,633 shares during the period. Sei Investments Co. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 109.8% in the 4th quarter. Sei Investments Co. now owns 16,267,808 shares of the company’s stock worth $391,403,000 after acquiring an additional 8,514,242 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 162.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,207,855 shares of the company’s stock valued at $173,421,000 after acquiring an additional 4,457,169 shares in the last quarter. LPL Financial LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 95.6% during 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 period. Finally, Renaissance Technologies LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 120.0% during the fourth quarter. Renaissance Technologies LLC now owns 2,929,758 shares of the company’s stock worth $70,490,000 after purchasing an additional 1,598,331 shares in the last quarter.

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

Shares of SCHO stock opened at $24.36 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.54. The business’s fifty day moving average is $24.27 and its 200-day moving average is $24.22.

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.