Schwab Short-Term U.S. Treasury ETF $SCHO Shares Purchased by MBM Wealth Consultants LLC

MBM Wealth Consultants LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 8.1% during the third quarter, HoldingsChannel reports. The firm owned 1,200,012 shares of the company’s stock after purchasing an additional 89,467 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for about 5.3% of MBM Wealth Consultants LLC’s holdings, making the stock its 6th largest position. MBM Wealth Consultants LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $28,632,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. Genesee Capital Advisors LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at about $303,000. Islay Capital Management LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 34.3% during the third quarter. Islay Capital Management LLC now owns 294,870 shares of the company’s stock worth $7,036,000 after acquiring an additional 75,272 shares during the period. Investment Research Partners LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 6.5% during the third quarter. Investment Research Partners LLC now owns 150,217 shares of the company’s stock worth $3,584,000 after acquiring an additional 9,169 shares during the period. Smithbridge Asset Management Inc. DE bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $782,000. Finally, Novem Group raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 4.8% during the third quarter. Novem Group now owns 865,926 shares of the company’s stock valued at $20,661,000 after acquiring an additional 39,724 shares in the last quarter.

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

Shares of NYSEARCA SCHO traded down $0.01 during trading hours on Tuesday, reaching $23.89. The stock had a trading volume of 1,822,174 shares, compared to its average volume of 4,054,823. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $23.79 and a 52-week high of $24.46. The business’s fifty day moving average price is $23.96 and its two-hundred day moving average price is $24.08.

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.