Ballast Advisors LLC Purchases 273,587 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Ballast Advisors LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 106.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 531,109 shares of the company’s stock after acquiring an additional 273,587 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises 3.9% of Ballast Advisors LLC’s portfolio, making the stock its 7th biggest position. Ballast Advisors LLC owned about 0.24% of Schwab Short-Term U.S. Treasury ETF worth $12,778,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. BNP Paribas lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 4.1% during the 3rd quarter. BNP Paribas now owns 13,466 shares of the company’s stock valued at $660,000 after acquiring an additional 528 shares in the last quarter. Kennebec Savings Bank raised its position in Schwab Short-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Kennebec Savings Bank now owns 1,072 shares of the company’s stock valued at $26,000 after purchasing an additional 536 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 100.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock worth $28,000 after purchasing an additional 591 shares in the last quarter. Spire Wealth Management boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Spire Wealth Management now owns 1,224 shares of the company’s stock worth $29,000 after buying an additional 612 shares during the period. Finally, Avion Wealth grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Avion Wealth now owns 1,308 shares of the company’s stock valued at $31,000 after buying an additional 654 shares in the last quarter.

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

Shares of NYSEARCA:SCHO opened at $24.29 on Friday. The business’s 50-day simple moving average is $24.21 and its 200 day simple moving average is $24.24. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.54.

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.