L. Roy Papp & Associates LLP Has $273,000 Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

L. Roy Papp & Associates LLP raised its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 103.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,363 shares of the company’s stock after purchasing an additional 5,782 shares during the period. L. Roy Papp & Associates LLP’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $273,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Leavell Investment Management Inc. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 133.1% during the fourth quarter. Leavell Investment Management Inc. now owns 1,078,008 shares of the company’s stock worth $25,937,000 after acquiring an additional 615,484 shares during the last quarter. Gradient Capital Advisors LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 112.3% during the 4th quarter. Gradient Capital Advisors LLC now owns 10,323 shares of the company’s stock worth $248,000 after purchasing an additional 5,460 shares during the last quarter. Towneley Capital Management Inc DE raised its holdings in Schwab Short-Term U.S. Treasury ETF by 105.4% during the 4th quarter. Towneley Capital Management Inc DE now owns 786,649 shares of the company’s stock worth $18,927,000 after purchasing an additional 403,596 shares during the last quarter. Weatherly Asset Management L. P. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 100.0% in the 4th quarter. Weatherly Asset Management L. P. now owns 8,500 shares of the company’s stock worth $205,000 after purchasing an additional 4,250 shares during the period. Finally, Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at $31,000.

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

Shares of NYSEARCA SCHO opened at $24.13 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.85 and a twelve month high of $24.53. The firm has a fifty day simple moving average of $24.16 and a 200 day simple moving average of $24.26.

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.