Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Purchased by Meritage Portfolio Management

Meritage Portfolio Management grew its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 110.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 204,227 shares of the company’s stock after acquiring an additional 107,200 shares during the quarter. Meritage Portfolio Management’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $4,914,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the second quarter worth $800,000. Diversified Trust Co grew its stake in Schwab Short-Term U.S. Treasury ETF by 2.8% in the 3rd quarter. Diversified Trust Co now owns 45,772 shares of the company’s stock worth $2,242,000 after acquiring an additional 1,227 shares during the period. Bangor Savings Bank lifted its position in Schwab Short-Term U.S. Treasury ETF by 1.2% during the third quarter. Bangor Savings Bank now owns 796,381 shares of the company’s stock worth $39,007,000 after buying an additional 9,289 shares during the period. MBM Wealth Consultants LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 33.9% in the 3rd quarter. MBM Wealth Consultants LLC now owns 202,919 shares of the company’s stock valued at $9,939,000 after buying an additional 51,408 shares during the period. Finally, Towneley Capital Management Inc DE increased its position in Schwab Short-Term U.S. Treasury ETF by 2.3% during the third quarter. Towneley Capital Management Inc DE now owns 383,053 shares of the company’s stock worth $18,762,000 after purchasing an additional 8,756 shares during the last quarter.

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

Shares of SCHO opened at $24.14 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.85 and a twelve month high of $24.53. The stock’s fifty day simple moving average is $24.16 and its 200 day simple moving average is $24.26.

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.