Fiduciary Financial Group LLC Purchases 757,776 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Fiduciary Financial Group LLC raised its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 103.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,489,093 shares of the company’s stock after acquiring an additional 757,776 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up 7.8% of Fiduciary Financial Group LLC’s investment portfolio, making the stock its 2nd largest holding. Fiduciary Financial Group LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $35,887,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth approximately $423,782,000. Sei Investments Co. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 1.9% in the second quarter. Sei Investments Co. now owns 7,598,948 shares of the company’s stock valued at $365,738,000 after purchasing an additional 144,515 shares during the last quarter. Stifel Financial Corp grew its holdings in Schwab Short-Term U.S. Treasury ETF by 4.4% in the third quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock valued at $146,894,000 after purchasing an additional 127,669 shares during the last quarter. Bank of Montreal Can increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 15,996.5% in the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock valued at $127,921,000 after buying an additional 2,591,761 shares in the last quarter. Finally, Bangor Savings Bank raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 109.2% during the 4th quarter. Bangor Savings Bank now owns 1,666,108 shares of the company’s stock worth $40,087,000 after buying an additional 869,727 shares during the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.11 on Wednesday. The company’s 50-day moving average price is $24.15 and its 200 day moving average price is $24.25. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $23.85 and a 52 week high of $24.53.

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.