StoneX Group Inc. Raises Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

StoneX Group Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 407.6% during the 4th quarter, HoldingsChannel reports. The fund owned 293,216 shares of the company’s stock after acquiring an additional 235,451 shares during the quarter. StoneX Group Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $7,055,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Benjamin Edwards Inc. bought a new position in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at approximately $1,665,000. Integrated Wealth Concepts LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 1.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 92,092 shares of the company’s stock valued at $4,511,000 after purchasing an additional 1,284 shares during the period. Stifel Financial Corp raised its holdings in Schwab Short-Term U.S. Treasury ETF by 4.4% in the 3rd quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock worth $146,894,000 after purchasing an additional 127,669 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth about $423,782,000. Finally, Orion Portfolio Solutions LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 38.1% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 10,539 shares of the company’s stock valued at $516,000 after purchasing an additional 2,910 shares in the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.34 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $23.85 and a 12 month high of $24.54. The business has a fifty day simple moving average of $24.23 and a two-hundred day simple moving average of $24.24.

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.