MBM Wealth Consultants LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Free Report) by 11.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 899,719 shares of the company’s stock after acquiring an additional 92,967 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises approximately 5.2% of MBM Wealth Consultants LLC’s portfolio, making the stock its 6th biggest holding. MBM Wealth Consultants LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $21,926,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the business. Bank of America Corp DE grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 8.8% during the third quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock worth $2,895,446,000 after purchasing an additional 9,578,278 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% during 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 in the last quarter. Sei Investments Co. grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 3.4% during the third quarter. Sei Investments Co. now owns 17,596,729 shares of the company’s stock worth $429,361,000 after purchasing an additional 570,536 shares in the last quarter. Wealthfront Advisers LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% during the third quarter. Wealthfront Advisers LLC now owns 3,787,747 shares of the company’s stock worth $92,421,000 after purchasing an additional 202,970 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 6.7% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 3,670,514 shares of the company’s stock worth $89,450,000 after purchasing an additional 229,449 shares in the last quarter.
Schwab Short-Term U.S. Treasury ETF Stock Performance
NYSEARCA:SCHO opened at $24.26 on Friday. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.17 and a 12-month high of $24.47. The stock has a 50-day moving average price of $24.30 and a 200 day moving average price of $24.35.
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.
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