Bank of New York Mellon Corp Buys 489,399 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Bank of New York Mellon Corp increased its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 1,130.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 532,688 shares of the company’s stock after purchasing an additional 489,399 shares during the period. Bank of New York Mellon Corp owned approximately 0.10% of Schwab Short-Term U.S. Treasury ETF worth $12,928,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 138.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,031 shares of the company’s stock valued at $25,000 after buying an additional 599 shares during the last quarter. Dorato Capital Management acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $26,000. Simplex Trading LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 5,315.0% in the fourth quarter. Simplex Trading LLC now owns 1,083 shares of the company’s stock valued at $26,000 after acquiring an additional 1,063 shares during the last quarter. NBT Bank N A NY raised its holdings in Schwab Short-Term U.S. Treasury ETF by 5,325.0% during the first quarter. NBT Bank N A NY now owns 1,302 shares of the company’s stock worth $32,000 after acquiring an additional 1,278 shares in the last quarter. Finally, Physician Wealth Advisors Inc. acquired a new position in Schwab Short-Term U.S. Treasury ETF during the first quarter valued at approximately $34,000.

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

SCHO stock opened at $24.10 on Friday. The business has a 50 day moving average price of $24.10 and a two-hundred day moving average price of $24.22. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $24.03 and a twelve month high of $24.46.

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.