MML Investors Services LLC Purchases 131,770 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

MML Investors Services LLC grew its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 84.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 287,284 shares of the company’s stock after buying an additional 131,770 shares during the quarter. MML Investors Services LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $6,912,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. World Investment Advisors LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 1.3% in the third quarter. World Investment Advisors LLC now owns 346,995 shares of the company’s stock worth $16,996,000 after purchasing an additional 4,295 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth about $37,000. Synovus Financial Corp grew its holdings in Schwab Short-Term U.S. Treasury ETF by 64.0% during the 3rd quarter. Synovus Financial Corp now owns 14,514 shares of the company’s stock worth $711,000 after acquiring an additional 5,662 shares during the last quarter. Independent Solutions Wealth Management LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 15.5% in the 3rd quarter. Independent Solutions Wealth Management LLC now owns 104,707 shares of the company’s stock valued at $5,129,000 after acquiring an additional 14,036 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 83.7% in the fourth quarter. Versant Capital Management Inc now owns 16,914 shares of the company’s stock worth $407,000 after acquiring an additional 7,705 shares during the last quarter.

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

SCHO opened at $24.36 on Friday. The company’s 50 day simple moving average is $24.29 and its 200-day simple moving average is $24.22. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.54.

Schwab Short-Term U.S. Treasury ETF 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.