Fairman Group LLC Acquires 6,175 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Fairman Group LLC increased its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 100.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,350 shares of the company’s stock after purchasing an additional 6,175 shares during the quarter. Fairman Group LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $297,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $423,782,000. Bank of Montreal Can increased its stake in Schwab Short-Term U.S. Treasury ETF by 15,996.5% in the 3rd quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock worth $127,921,000 after buying an additional 2,591,761 shares in the last quarter. MCF Advisors LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 133.5% during the fourth quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock valued at $70,477,000 after acquiring an additional 1,674,798 shares during the period. West Coast Financial LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 162.2% in the fourth quarter. West Coast Financial LLC now owns 2,457,475 shares of the company’s stock valued at $59,127,000 after acquiring an additional 1,520,253 shares in the last quarter. Finally, Bangor Savings Bank boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 109.2% in the fourth quarter. Bangor Savings Bank now owns 1,666,108 shares of the company’s stock worth $40,087,000 after acquiring an additional 869,727 shares during the period.

Schwab Short-Term U.S. Treasury ETF Trading Down 0.1 %

NYSEARCA:SCHO opened at $24.13 on Wednesday. The stock has a 50-day moving average price of $24.16 and a 200 day moving average price of $24.26. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $23.85 and a 12-month high of $24.53.

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.