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

Meritage Portfolio Management increased its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 110.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 204,227 shares of the company’s stock after purchasing an additional 107,200 shares during the period. Meritage Portfolio Management owned 0.09% of Schwab Short-Term U.S. Treasury ETF worth $4,914,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Independent Solutions Wealth Management LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 15.5% in the third quarter. Independent Solutions Wealth Management LLC now owns 104,707 shares of the company’s stock valued at $5,129,000 after purchasing an additional 14,036 shares during the period. Apella Capital LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 72.1% in the fourth quarter. Apella Capital LLC now owns 782,878 shares of the company’s stock worth $18,836,000 after acquiring an additional 327,916 shares in the last quarter. Synovus Financial Corp increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 64.0% during the third quarter. Synovus Financial Corp now owns 14,514 shares of the company’s stock worth $711,000 after acquiring an additional 5,662 shares during the period. World Investment Advisors LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.3% in the third quarter. World Investment Advisors LLC now owns 346,995 shares of the company’s stock valued at $16,996,000 after acquiring an additional 4,295 shares in the last quarter. Finally, High Probability Advisors LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 92.8% in the fourth quarter. High Probability Advisors LLC now owns 1,102,327 shares of the company’s stock valued at $26,522,000 after purchasing an additional 530,531 shares during the period.

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

Shares of NYSEARCA SCHO opened at $24.14 on Wednesday. The stock’s 50-day moving average is $24.16 and its two-hundred day moving average is $24.26. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.85 and a 1-year high of $24.53.

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.