Econ Financial Services Corp Buys 54,942 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Econ Financial Services Corp grew its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 387.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,105 shares of the company’s stock after buying an additional 54,942 shares during the period. Econ Financial Services Corp’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,663,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth approximately $423,782,000. Stifel Financial Corp raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 4.4% in the third quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock worth $146,894,000 after buying an additional 127,669 shares in the last quarter. MCF Advisors LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 133.5% during the fourth quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock valued at $70,477,000 after buying an additional 1,674,798 shares during the period. Bank of Montreal Can grew its position in Schwab Short-Term U.S. Treasury ETF by 15,996.5% during the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock worth $127,921,000 after buying an additional 2,591,761 shares in the last quarter. Finally, West Coast Financial LLC raised its holdings 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 acquiring an additional 1,520,253 shares in the last quarter.

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

SCHO stock opened at $24.14 on Wednesday. The company’s 50 day moving average is $24.16 and its 200 day moving average is $24.26. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.85 and a 1-year high of $24.53.

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.