Rainey & Randall Investment Management Inc. raised its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 191.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,581 shares of the company’s stock after purchasing an additional 13,527 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up approximately 1.0% of Rainey & Randall Investment Management Inc.’s holdings, making the stock its 15th largest holding. Rainey & Randall Investment Management Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,041,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Jentner Corp raised its position in Schwab Short-Term U.S. Treasury ETF by 2.7% during the second quarter. Jentner Corp now owns 8,285 shares of the company’s stock valued at $419,000 after purchasing an additional 218 shares in the last quarter. Resources Investment Advisors Inc. raised its position in Schwab Short-Term U.S. Treasury ETF by 35.4% during the first quarter. Resources Investment Advisors Inc. now owns 987 shares of the company’s stock valued at $50,000 after purchasing an additional 258 shares in the last quarter. AllSquare Wealth Management LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 60.4% during the first quarter. AllSquare Wealth Management LLC now owns 746 shares of the company’s stock valued at $37,000 after purchasing an additional 281 shares in the last quarter. Carroll Financial Associates Inc. raised its position in Schwab Short-Term U.S. Treasury ETF by 5.2% during the second quarter. Carroll Financial Associates Inc. now owns 6,045 shares of the company’s stock valued at $305,000 after purchasing an additional 299 shares in the last quarter. Finally, Pure Financial Advisors Inc. raised its position in Schwab Short-Term U.S. Treasury ETF by 4.1% during the first quarter. Pure Financial Advisors Inc. now owns 7,664 shares of the company’s stock valued at $385,000 after purchasing an additional 304 shares in the last quarter.

NYSEARCA SCHO opened at $50.48 on Tuesday. The company’s 50-day moving average price is $50.48. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $49.42 and a twelve month high of $50.63.

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Institutional Ownership by Quarter for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

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