Schwab Short-Term U.S. Treasury ETF $SCHO Holdings Increased by MCF Advisors LLC

MCF Advisors LLC increased its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 60.8% during the 2nd quarter, Holdings Channel reports. The firm owned 4,431,584 shares of the company’s stock after purchasing an additional 1,676,213 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises approximately 3.8% of MCF Advisors LLC’s portfolio, making the stock its 4th biggest holding. MCF Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $106,978,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Valpey Financial Services LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2,499.8% during the 4th quarter. Valpey Financial Services LLC now owns 5,246,793 shares of the company’s stock valued at $127,864,000 after purchasing an additional 5,044,981 shares during the last quarter. Bank of America Corp DE increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 3.2% during the fourth quarter. Bank of America Corp DE now owns 122,501,159 shares of the company’s stock valued at $2,985,353,000 after acquiring an additional 3,835,325 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Schwab Short-Term U.S. Treasury ETF by 6.9% during the fourth quarter. JPMorgan Chase & Co. now owns 21,107,647 shares of the company’s stock valued at $514,393,000 after purchasing an additional 1,357,429 shares during the period. Blackhawk Capital Partners LLC bought a new position in Schwab Short-Term U.S. Treasury ETF in the first quarter valued at about $30,128,000. Finally, Ameriprise Financial Inc. grew its position in Schwab Short-Term U.S. Treasury ETF by 5.7% during the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after buying an additional 1,237,815 shares during the period.

Schwab Short-Term U.S. Treasury ETF Trading Down 0.0%

SCHO opened at $24.00 on Thursday. The company has a 50 day simple moving average of $24.07 and a two-hundred day simple moving average of $24.16. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.98 and a 1-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.