Investors Reduce Stakes in Charles Schwab and Schwab Treasury ETF

Brown Wealth Management LLC decreased its holding in the Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 20.1% in the fourth quarter, selling 97,054 shares and ending the period with 385,162 shares, according to its latest Form 13F filing with the SEC.

Resona Asset Management Co. Ltd. also trimmed its position in The Charles Schwab Corporation (NYSE:SCHW) during the same quarter, reducing its stake by 3.8% after selling 20,991 shares, leaving it with 532,811 shares of the broker‑dealer's stock, as reported in its most recent SEC filing.