Meridian Wealth Partners LLC Buys 234,553 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Meridian Wealth Partners LLC lifted its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 109.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 449,114 shares of the company’s stock after acquiring an additional 234,553 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up approximately 1.6% of Meridian Wealth Partners LLC’s portfolio, making the stock its 17th largest position. Meridian Wealth Partners LLC owned about 0.21% of Schwab Short-Term U.S. Treasury ETF worth $10,806,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHO. LPL Financial LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 95.6% in the 4th quarter. LPL Financial LLC now owns 3,361,106 shares of the company’s stock worth $80,868,000 after purchasing an additional 1,642,412 shares in the last quarter. Somerset Group LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 93.6% in the 4th quarter. Somerset Group LLC now owns 19,554 shares of the company’s stock worth $470,000 after buying an additional 9,452 shares during the last quarter. Sei Investments Co. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 109.8% in the fourth quarter. Sei Investments Co. now owns 16,267,808 shares of the company’s stock valued at $391,403,000 after acquiring an additional 8,514,242 shares in the last quarter. Independent Solutions Wealth Management LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 72.4% during the fourth quarter. Independent Solutions Wealth Management LLC now owns 180,488 shares of the company’s stock valued at $4,343,000 after acquiring an additional 75,781 shares during the last quarter. Finally, AllSquare Wealth Management LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 99.8% during the fourth quarter. AllSquare Wealth Management LLC now owns 1,091 shares of the company’s stock valued at $26,000 after acquiring an additional 545 shares during the last quarter.

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

SCHO stock opened at $24.32 on Friday. The stock’s fifty day simple moving average is $24.21 and its two-hundred day simple moving average is $24.24. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.85 and a 1-year high of $24.54.

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.