Meridian Wealth Partners LLC Purchases 21,765 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Meridian Wealth Partners LLC boosted its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 520,155 shares of the company’s stock after purchasing an additional 21,765 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up approximately 1.7% of Meridian Wealth Partners LLC’s investment portfolio, making the stock its 16th largest holding. Meridian Wealth Partners LLC owned about 0.10% of Schwab Short-Term U.S. Treasury ETF worth $12,676,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 235.4% in the third quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock worth $25,000 after purchasing an additional 718 shares in the last quarter. CIBC Private Wealth Group LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 138.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,031 shares of the company’s stock worth $25,000 after purchasing an additional 599 shares in the last quarter. Dorato Capital Management bought a new position in Schwab Short-Term U.S. Treasury ETF in the fourth quarter worth about $26,000. Simplex Trading LLC raised its holdings in 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 worth $26,000 after purchasing an additional 1,063 shares in the last quarter. Finally, Gilpin Wealth Management LLC bought a new position in Schwab Short-Term U.S. Treasury ETF in the fourth quarter worth about $39,000.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.12 on Friday. The company has a 50-day simple moving average of $24.18 and a two-hundred day simple moving average of $24.29. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.06 and a one year high of $24.46.

About Schwab Short-Term U.S. Treasury ETF

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.