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

Leavell Investment Management Inc. raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 133.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,078,008 shares of the company’s stock after purchasing an additional 615,484 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for about 1.3% of Leavell Investment Management Inc.’s portfolio, making the stock its 11th largest position. Leavell Investment Management Inc. owned about 0.50% of Schwab Short-Term U.S. Treasury ETF worth $25,937,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Kennebec Savings Bank bought a new position in Schwab Short-Term U.S. Treasury ETF during the third quarter valued at $26,000. Golden State Wealth Management LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth about $26,000. Spire Wealth Management boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% during the 4th quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock worth $29,000 after purchasing an additional 612 shares during the period. Sound Income Strategies LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 213.3% during the 4th quarter. Sound Income Strategies LLC now owns 1,269 shares of the company’s stock valued at $31,000 after purchasing an additional 864 shares during the last quarter. Finally, Hendershot Investments Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 185.4% during the 4th quarter. Hendershot Investments Inc. now owns 1,270 shares of the company’s stock valued at $31,000 after purchasing an additional 825 shares during the last quarter.

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

Shares of NYSEARCA SCHO 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 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 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.