Downshift Financial LLC Makes New Investment in Schwab Short-Term U.S. Treasury ETF $SCHO

Downshift Financial LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 31,838 shares of the company’s stock, valued at approximately $775,000. Schwab Short-Term U.S. Treasury ETF comprises 0.5% of Downshift Financial LLC’s investment portfolio, making the stock its 27th biggest position.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 227.2% in the 4th quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after buying an additional 12,810 shares during the period. Diversify Advisory Services LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 2nd quarter worth $2,798,000. Ameriprise Financial Inc. boosted its holdings in shares of 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 in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of 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 in the last quarter. Finally, Benjamin Edwards Inc. increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 14.5% during the second quarter. Benjamin Edwards Inc. now owns 106,542 shares of the company’s stock worth $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 $24.10 on Friday. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.06 and a 52-week high of $24.46. The firm has a 50-day moving average price of $24.17 and a 200 day moving average price of $24.28.

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.