MassMutual Private Wealth & Trust FSB Increases Position in Schwab Short-Term U.S. Treasury ETF $SCHO

MassMutual Private Wealth & Trust FSB grew its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 48.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,696,406 shares of the company’s stock after buying an additional 551,336 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for 1.1% of MassMutual Private Wealth & Trust FSB’s investment portfolio, making the stock its 24th largest position. MassMutual Private Wealth & Trust FSB’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $40,951,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Merit Financial Group LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 20.9% during the fourth quarter. Merit Financial Group LLC now owns 1,889,316 shares of the company’s stock worth $46,043,000 after acquiring an additional 327,024 shares during the period. Access Financial Services Inc. grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 2.6% in the fourth 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 period. Triad Wealth Partners LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $9,879,000. Farrow Financial Inc. increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 11.7% during the fourth quarter. Farrow Financial Inc. now owns 231,380 shares of the company’s stock worth $5,639,000 after purchasing an additional 24,285 shares in the last quarter. Finally, Carnegie Investment Counsel increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 879.4% during the fourth 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 in the last quarter.

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

SCHO opened at $24.03 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $24.02 and a twelve month high of $24.46. The company has a 50-day moving average price of $24.10 and a 200 day moving average price of $24.22.

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.