Midwest Trust Co Increases Stock Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Midwest Trust Co lifted its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 9.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,322,692 shares of the company’s stock after purchasing an additional 111,760 shares during the period. Midwest Trust Co owned about 0.28% of Schwab Short-Term U.S. Treasury ETF worth $32,234,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter worth $655,000. Allworth Financial LP increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 21.2% in the third quarter. Allworth Financial LP now owns 147,567 shares of the company’s stock worth $3,601,000 after purchasing an additional 25,830 shares during the last quarter. Ballast Advisors LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 9.4% during the 3rd quarter. Ballast Advisors LLC now owns 623,769 shares of the company’s stock valued at $15,220,000 after buying an additional 53,596 shares in the last quarter. First Financial Group Corp grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 100.2% in the third quarter. First Financial Group Corp now owns 55,490 shares of the company’s stock valued at $1,354,000 after purchasing an additional 27,770 shares in the last quarter. Finally, Access Financial Services Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.6% in the fourth quarter. Access Financial Services Inc. now owns 1,381,585 shares of the company’s stock valued at $33,669,000 after purchasing an additional 34,836 shares in the last quarter.

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

SCHO stock opened at $24.20 on Friday. The firm has a fifty day moving average price of $24.26 and a 200 day moving average price of $24.34. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.13 and a fifty-two week high of $24.46.

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.