Members Advisory Group LLC Acquires Shares of 396,056 Schwab Short-Term U.S. Treasury ETF $SCHO

Members Advisory Group LLC bought a new position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 396,056 shares of the company’s stock, valued at approximately $9,612,000. Schwab Short-Term U.S. Treasury ETF accounts for 3.3% of Members Advisory Group LLC’s portfolio, making the stock its 11th largest position. Members Advisory Group LLC owned about 0.08% of Schwab Short-Term U.S. Treasury ETF at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 3.2% in the 4th quarter. Bank of America Corp DE now owns 122,501,159 shares of the company’s stock valued at $2,985,353,000 after purchasing an additional 3,835,325 shares during the period. Ameriprise Financial Inc. grew its stake in Schwab Short-Term U.S. Treasury ETF by 5.7% in the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after purchasing an additional 1,237,815 shares during the period. JPMorgan Chase & Co. grew its stake in Schwab Short-Term U.S. Treasury ETF by 6.9% in the fourth quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock worth $514,393,000 after purchasing an additional 1,357,429 shares during the period. Valpey Financial Services LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 2,499.8% in the fourth quarter. Valpey Financial Services LLC now owns 5,246,793 shares of the company’s stock worth $127,864,000 after purchasing an additional 5,044,981 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 7.6% in the fourth quarter. Wealthfront Advisers LLC now owns 4,077,325 shares of the company’s stock worth $99,364,000 after purchasing an additional 289,578 shares in the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.10 on Thursday. The business has a fifty day simple moving average of $24.12 and a two-hundred day simple moving average of $24.25. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.04 and a 12 month high of $24.46.

Schwab Short-Term U.S. Treasury ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SCHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report).

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

Receive News & Ratings for Schwab Short-Term U.S. Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Short-Term U.S. Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.