Schwab Short-Term U.S. Treasury ETF $SCHO Shares Acquired by Midwest Trust Co

Midwest Trust Co increased its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 39.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,846,314 shares of the company’s stock after purchasing an additional 523,622 shares during the period. Midwest Trust Co’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $44,810,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of SCHO. Allworth Financial LP increased its position in Schwab Short-Term U.S. Treasury ETF by 21.2% during the 3rd quarter. Allworth Financial LP now owns 147,567 shares of the company’s stock worth $3,601,000 after purchasing an additional 25,830 shares in the last quarter. Access Financial Services Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF by 2.6% in the 4th quarter. Access Financial Services Inc. now owns 1,381,585 shares of the company’s stock valued at $33,669,000 after purchasing an additional 34,836 shares during the last quarter. Triad Wealth Partners LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at about $9,879,000. Merit Financial Group LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 20.9% in the 4th quarter. Merit Financial Group LLC now owns 1,889,316 shares of the company’s stock valued at $46,043,000 after purchasing an additional 327,024 shares in the last quarter. Finally, Carnegie Investment Counsel boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 879.4% during the 4th quarter. Carnegie Investment Counsel now owns 96,010 shares of the company’s stock worth $2,340,000 after purchasing an additional 86,207 shares during the last quarter.

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

Shares of NYSEARCA SCHO traded down $0.01 during midday trading on Friday, reaching $24.07. 3,125,784 shares of the stock were exchanged, compared to its average volume of 3,646,756. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.04 and a 52-week high of $24.46. The stock has a 50 day moving average price of $24.13 and a 200-day moving average price of $24.25.

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.