Merit Financial Group LLC Boosts Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Merit Financial Group LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 20.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,889,316 shares of the company’s stock after acquiring an additional 327,024 shares during the quarter. Merit Financial Group LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $46,043,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Whittier Trust Co. purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth about $98,000. Sightline Wealth Advisors LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 77.0% in the fourth quarter. Sightline Wealth Advisors LLC now owns 58,899 shares of the company’s stock valued at $1,435,000 after buying an additional 25,632 shares during the period. MBM Wealth Consultants LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 11.5% in the fourth quarter. MBM Wealth Consultants LLC now owns 899,719 shares of the company’s stock valued at $21,926,000 after buying an additional 92,967 shares during the period. Nations Financial Group Inc. IA ADV lifted its position in Schwab Short-Term U.S. Treasury ETF by 87.2% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 50,230 shares of the company’s stock valued at $1,224,000 after buying an additional 23,404 shares in the last quarter. Finally, United Advisor Group LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 21.2% during the fourth quarter. United Advisor Group LLC now owns 67,818 shares of the company’s stock valued at $1,653,000 after buying an additional 11,875 shares in the last quarter.

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

SCHO opened at $24.26 on Friday. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.17 and a 52-week high of $24.47. The company has a 50 day moving average of $24.30 and a two-hundred day moving average 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.