Merit Financial Group LLC Boosts Stock Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Merit Financial Group LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 143.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 469,058 shares of the company’s stock after purchasing an additional 276,477 shares during the quarter. Merit Financial Group LLC owned about 0.22% of Schwab Short-Term U.S. Treasury ETF worth $11,286,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SCHO. Jane Street Group LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth $423,782,000. Sei Investments Co. increased its position in Schwab Short-Term U.S. Treasury ETF by 1.9% during the second quarter. Sei Investments Co. now owns 7,598,948 shares of the company’s stock worth $365,738,000 after purchasing an additional 144,515 shares during the last quarter. Stifel Financial Corp raised its stake in Schwab Short-Term U.S. Treasury ETF by 4.4% during the third quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock worth $146,894,000 after purchasing an additional 127,669 shares during the period. Bank of Montreal Can boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 15,996.5% in the 3rd quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock valued at $127,921,000 after purchasing an additional 2,591,761 shares during the last quarter. Finally, West Coast Financial LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 162.2% in the 4th quarter. West Coast Financial LLC now owns 2,457,475 shares of the company’s stock valued at $59,127,000 after buying an additional 1,520,253 shares during the period.

Schwab Short-Term U.S. Treasury ETF Stock Down 0.1 %

SCHO stock opened at $24.17 on Friday. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.53. The firm’s 50 day moving average price is $24.15 and its 200-day moving average price is $24.25.

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.