PNC Financial Services Group Inc. Has $60.59 Million Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

PNC Financial Services Group Inc. raised its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 92.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,518,362 shares of the company’s stock after purchasing an additional 1,210,645 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $60,592,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Berkshire Asset Management LLC PA raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.1% in the 4th quarter. Berkshire Asset Management LLC PA now owns 93,813 shares of the company’s stock valued at $2,270,000 after purchasing an additional 1,964 shares during the period. K2 Financial Inc. acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at about $1,175,000. Jackson Creek Investment Advisors LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 105.7% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 86,121 shares of the company’s stock valued at $2,072,000 after purchasing an additional 44,262 shares during the period. Ashton Thomas Private Wealth LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 162.8% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 15,591 shares of the company’s stock valued at $375,000 after purchasing an additional 9,658 shares during the period. Finally, Aull & Monroe Investment Management Corp raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 102.3% in the 4th quarter. Aull & Monroe Investment Management Corp now owns 9,748 shares of the company’s stock valued at $235,000 after purchasing an additional 4,929 shares during the period.

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

SCHO opened at $24.25 on Monday. The business’s 50-day moving average price is $24.18 and its two-hundred day moving average price is $24.25. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $23.85 and a 1 year high of $24.53.

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.