Cambridge Trust Co. Trims Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Cambridge Trust Co. cut its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 6.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,423 shares of the company’s stock after selling 1,307 shares during the period. Cambridge Trust Co.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $888,000 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 stock. Econ Financial Services Corp raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.1% during the 4th quarter. Econ Financial Services Corp now owns 20,578 shares of the company’s stock worth $997,000 after buying an additional 224 shares in the last quarter. Jackson Creek Investment Advisors LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 0.5% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 43,022 shares of the company’s stock worth $2,084,000 after acquiring an additional 231 shares during the period. Win Advisors Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.8% in the 1st quarter. Win Advisors Inc. now owns 9,361 shares of the company’s stock worth $451,000 after acquiring an additional 254 shares during the period. Altfest L J & Co. Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.1% in the 1st quarter. Altfest L J & Co. Inc. now owns 12,751 shares of the company’s stock worth $615,000 after acquiring an additional 258 shares during the period. Finally, EWG Elevate Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.8% in the 1st quarter. EWG Elevate Inc. now owns 9,885 shares of the company’s stock worth $477,000 after acquiring an additional 271 shares during the period.

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

Shares of SCHO traded up $0.28 on Friday, reaching $48.71. The stock had a trading volume of 1,299,663 shares, compared to its average volume of 1,340,928. The firm has a 50-day moving average of $48.14 and a 200 day moving average of $48.13. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $47.65 and a twelve month high of $48.72.

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.