Act Two Investors LLC Sells 105,549 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Act Two Investors LLC lowered its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 27.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 286,062 shares of the company’s stock after selling 105,549 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for 1.2% of Act Two Investors LLC’s portfolio, making the stock its 19th largest holding. Act Two Investors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $6,971,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHO. Brighton Jones LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 227.2% in the fourth quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after acquiring an additional 12,810 shares during the period. Diversify Advisory Services LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF in the second quarter valued at about $2,798,000. Ameriprise Financial Inc. increased its stake in Schwab Short-Term U.S. Treasury ETF by 5.7% in the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after acquiring an additional 1,237,815 shares during the period. BNP Paribas Financial Markets increased its stake in Schwab Short-Term U.S. Treasury ETF by 17.2% in the second quarter. BNP Paribas Financial Markets now owns 444,031 shares of the company’s stock valued at $10,825,000 after acquiring an additional 65,157 shares during the period. Finally, Benjamin Edwards Inc. increased its stake in Schwab Short-Term U.S. Treasury ETF by 14.5% in the second quarter. Benjamin Edwards Inc. now owns 106,542 shares of the company’s stock valued at $2,597,000 after acquiring an additional 13,456 shares during the period.

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

NYSEARCA SCHO opened at $24.20 on Friday. The company’s 50-day simple moving average is $24.21 and its 200 day simple moving average is $24.31. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $24.10 and a twelve month high of $24.46.

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.