Marotta Asset Management Has $13.54 Million Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Marotta Asset Management raised its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 95.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 560,810 shares of the company’s stock after purchasing an additional 273,522 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for about 2.8% of Marotta Asset Management’s holdings, making the stock its 11th biggest position. Marotta Asset Management’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $13,538,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Kuhn & Co Investment Counsel boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.4% during the 2nd quarter. Kuhn & Co Investment Counsel now owns 19,513 shares of the company’s stock worth $939,000 after buying an additional 265 shares during the period. Hart & Patterson Financial Group LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 1.4% during the third quarter. Hart & Patterson Financial Group LLC now owns 27,454 shares of the company’s stock valued at $1,345,000 after acquiring an additional 374 shares during the period. 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 last quarter. Lauterbach Financial Advisors LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 8.6% in the second quarter. Lauterbach Financial Advisors LLC now owns 5,307 shares of the company’s stock worth $259,000 after purchasing an additional 422 shares during the period. Finally, Savvy Advisors Inc. lifted its position 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 purchasing an additional 430 shares during the last quarter.

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

NYSEARCA SCHO traded down $0.02 during trading on Friday, hitting $24.13. The company’s stock had a trading volume of 623,469 shares, compared to its average volume of 2,069,606. The firm has a 50 day moving average price of $24.16 and a 200 day moving average price of $24.24. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $23.85 and a 52 week 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.