Dravo Bay LLC Has $1.16 Million Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Dravo Bay LLC trimmed its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 7.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,949 shares of the company’s stock after selling 1,807 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up approximately 0.8% of Dravo Bay LLC’s investment portfolio, making the stock its 26th largest holding. Dravo Bay LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,160,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of SCHO. Wealthfront Advisers LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 583.8% in the third quarter. Wealthfront Advisers LLC now owns 2,412,867 shares of the company’s stock valued at $115,552,000 after acquiring an additional 2,060,004 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 64.5% in the third quarter. PNC Financial Services Group Inc. now owns 1,398,819 shares of the company’s stock valued at $66,989,000 after buying an additional 548,650 shares in the last quarter. Toroso Investments LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF during the third quarter worth $23,517,000. Financial Counselors Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $22,196,000. Finally, GTS Securities LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 1,284.1% in the 3rd quarter. GTS Securities LLC now owns 406,523 shares of the company’s stock valued at $19,468,000 after acquiring an additional 377,152 shares during the period.

Schwab Short-Term U.S. Treasury ETF Stock Up 0.0 %

Shares of Schwab Short-Term U.S. Treasury ETF stock traded up $0.01 during trading on Wednesday, hitting $47.92. 762,686 shares of the stock were exchanged, compared to its average volume of 1,684,583. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $47.65 and a 1-year high of $48.88. The company has a fifty day moving average price of $48.02 and a 200-day moving average price of $48.15.

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.