Northwestern Mutual Wealth Management Co. Has $19.80 Million Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Northwestern Mutual Wealth Management Co. reduced its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 812,517 shares of the company’s stock after selling 34,378 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.16% of Schwab Short-Term U.S. Treasury ETF worth $19,801,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sherman Asset Management Inc. increased its position in Schwab Short-Term U.S. Treasury ETF by 1.2% in the 2nd quarter. Sherman Asset Management Inc. now owns 38,821 shares of the company’s stock valued at $946,000 after acquiring an additional 464 shares during the period. Altfest L J & Co. Inc. increased its position in Schwab Short-Term U.S. Treasury ETF by 1.6% in the 4th quarter. Altfest L J & Co. Inc. now owns 30,311 shares of the company’s stock valued at $739,000 after acquiring an additional 480 shares during the period. Live Oak Private Wealth LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 2.2% in the 4th quarter. Live Oak Private Wealth LLC now owns 22,930 shares of the company’s stock valued at $559,000 after acquiring an additional 494 shares during the period. Founders Financial Alliance LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 20.5% in the 3rd quarter. Founders Financial Alliance LLC now owns 2,904 shares of the company’s stock valued at $71,000 after acquiring an additional 495 shares during the period. Finally, Birchbrook Inc. increased its position in Schwab Short-Term U.S. Treasury ETF by 3.1% in the 4th quarter. Birchbrook Inc. now owns 17,992 shares of the company’s stock valued at $438,000 after acquiring an additional 536 shares during the period.

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

Shares of NYSEARCA SCHO opened at $24.20 on Monday. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.10 and a 52-week high of $24.46. The firm has a 50 day moving average price of $24.21 and a two-hundred day moving average price of $24.31.

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.