Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Acquired by Assetmark Inc.

Assetmark Inc. increased its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 87.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,020,629 shares of the company’s stock after buying an additional 475,185 shares during the quarter. Assetmark Inc. owned about 0.47% of Schwab Short-Term U.S. Treasury ETF worth $24,556,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Kennebec Savings Bank acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $37,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $49,000. Aspect Partners LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $26,000. Finally, Golden State Wealth Management LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $26,000.

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

Shares of SCHO opened at $24.24 on Thursday. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.53. The stock has a 50-day moving average price of $24.17 and a 200 day moving average price of $24.25.

About Schwab Short-Term U.S. Treasury ETF

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.