Meridian Wealth Partners LLC Grows Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Meridian Wealth Partners LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 520,155 shares of the company’s stock after buying an additional 21,765 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises 1.7% of Meridian Wealth Partners LLC’s holdings, making the stock its 16th largest position. Meridian Wealth Partners LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $12,676,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHO. Brighton Jones LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 227.2% in the fourth quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after buying an additional 12,810 shares during the last quarter. Diversify Advisory Services LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the second quarter valued at about $2,798,000. Ameriprise Financial Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF by 5.7% in the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after buying an additional 1,237,815 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Schwab Short-Term U.S. Treasury ETF by 17.2% in the second quarter. BNP Paribas Financial Markets now owns 444,031 shares of the company’s stock valued at $10,825,000 after buying an additional 65,157 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its stake in Schwab Short-Term U.S. Treasury ETF by 14.5% in the second quarter. Benjamin Edwards Inc. now owns 106,542 shares of the company’s stock valued at $2,597,000 after buying an additional 13,456 shares during the last quarter.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.12 on Friday. The stock has a 50-day moving average of $24.18 and a two-hundred day moving average of $24.29. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.06 and a one year 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.