Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Stock Holdings Lifted by Abacus Planning Group Inc.

Abacus Planning Group Inc. raised its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 93.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 309,545 shares of the company’s stock after purchasing an additional 149,344 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for about 1.3% of Abacus Planning Group Inc.’s investment portfolio, making the stock its 14th largest position. Abacus Planning Group Inc. owned approximately 0.14% of Schwab Short-Term U.S. Treasury ETF worth $7,448,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Kennebec Savings Bank acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter worth about $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth approximately $37,000. MidAtlantic Capital Management Inc. bought a new stake in Schwab Short-Term U.S. Treasury ETF during the third quarter worth approximately $49,000. Golden State Wealth Management LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF during the fourth quarter valued at approximately $26,000. Finally, Spire Wealth Management grew its holdings in Schwab Short-Term U.S. Treasury ETF by 100.0% during the fourth quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock valued at $29,000 after purchasing an additional 612 shares during the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.17 on Thursday. 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 fifty day simple moving average of $24.15 and a 200-day simple moving average of $24.25.

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.