MFG Wealth Management Inc. Buys New Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

MFG Wealth Management Inc. purchased a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the third quarter, according to its most recent filing with the SEC. The fund purchased 53,213 shares of the company’s stock, valued at approximately $1,298,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHO. Independent Wealth Network Inc. grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 2.3% during the second quarter. Independent Wealth Network Inc. now owns 18,711 shares of the company’s stock valued at $456,000 after purchasing an additional 416 shares in the last quarter. Cobblestone Capital Advisors LLC NY boosted its stake in Schwab Short-Term U.S. Treasury ETF by 0.4% during the second quarter. Cobblestone Capital Advisors LLC NY now owns 99,475 shares of the company’s stock valued at $2,425,000 after buying an additional 422 shares during the last quarter. Beacon Financial Advisory LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 0.9% during the 2nd quarter. Beacon Financial Advisory LLC now owns 51,447 shares of the company’s stock valued at $1,254,000 after buying an additional 445 shares in the last quarter. Sherman Asset Management Inc. increased its stake in Schwab Short-Term U.S. Treasury ETF by 1.2% in the 2nd quarter. Sherman Asset Management Inc. now owns 38,821 shares of the company’s stock worth $946,000 after acquiring an additional 464 shares during the last quarter. Finally, LifePlan Financial LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 1.3% in the 2nd quarter. LifePlan Financial LLC now owns 42,234 shares of the company’s stock worth $1,030,000 after acquiring an additional 545 shares during the last quarter.

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

Shares of SCHO opened at $24.42 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.06 and a 1 year high of $24.47. The business’s 50 day simple moving average is $24.39 and its 200-day simple moving average is $24.35.

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.