MCF Advisors LLC Has $66.08 Million Position in Schwab Short-Term U.S. Treasury ETF $SCHO

MCF Advisors LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,711,604 shares of the company’s stock after buying an additional 110,355 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises 3.7% of MCF Advisors LLC’s portfolio, making the stock its 8th largest holding. MCF Advisors LLC owned about 0.55% of Schwab Short-Term U.S. Treasury ETF worth $66,082,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Bank of America Corp DE grew its holdings in Schwab Short-Term U.S. Treasury ETF by 8.8% in the 3rd quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock worth $2,895,446,000 after buying an additional 9,578,278 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 5.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after buying an additional 1,237,815 shares in the last quarter. Sei Investments Co. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 3.4% in the 3rd quarter. Sei Investments Co. now owns 17,596,729 shares of the company’s stock worth $429,361,000 after buying an additional 570,536 shares in the last quarter. Valpey Financial Services LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 2,499.8% in the 4th quarter. Valpey Financial Services LLC now owns 5,246,793 shares of the company’s stock worth $127,864,000 after buying an additional 5,044,981 shares in the last quarter. Finally, Wealthfront Advisers LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 7.6% in the 4th quarter. Wealthfront Advisers LLC now owns 4,077,325 shares of the company’s stock worth $99,364,000 after buying an additional 289,578 shares in the last quarter.

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

Shares of SCHO stock opened at $24.06 on Friday. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.06 and a 12-month high of $24.46. The business has a 50 day simple moving average of $24.19 and a 200 day simple moving average of $24.30.

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.