Leavell Investment Management Inc. Purchases 615,484 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Leavell Investment Management Inc. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 133.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,078,008 shares of the company’s stock after acquiring an additional 615,484 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up approximately 1.3% of Leavell Investment Management Inc.’s portfolio, making the stock its 11th biggest position. Leavell Investment Management Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $25,937,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Independent Solutions Wealth Management LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 15.5% during the third quarter. Independent Solutions Wealth Management LLC now owns 104,707 shares of the company’s stock valued at $5,129,000 after purchasing an additional 14,036 shares in the last quarter. Apella Capital LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 72.1% during the fourth quarter. Apella Capital LLC now owns 782,878 shares of the company’s stock valued at $18,836,000 after purchasing an additional 327,916 shares in the last quarter. Synovus Financial Corp boosted its position in Schwab Short-Term U.S. Treasury ETF by 64.0% during the third quarter. Synovus Financial Corp now owns 14,514 shares of the company’s stock valued at $711,000 after purchasing an additional 5,662 shares in the last quarter. World Investment Advisors LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 1.3% during the third quarter. World Investment Advisors LLC now owns 346,995 shares of the company’s stock valued at $16,996,000 after purchasing an additional 4,295 shares in the last quarter. Finally, Hendershot Investments Inc. boosted its position in Schwab Short-Term U.S. Treasury ETF by 185.4% during the fourth quarter. Hendershot Investments Inc. now owns 1,270 shares of the company’s stock valued at $31,000 after purchasing an additional 825 shares in the last quarter.

Schwab Short-Term U.S. Treasury ETF Stock Down 0.1 %

Shares of SCHO stock opened at $24.13 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.85 and a 1-year high of $24.53. The stock’s 50-day moving average is $24.16 and its 200 day moving average is $24.26.

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.