Bank of New York Mellon Corp Buys 13,834 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Bank of New York Mellon Corp grew its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 51.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,469 shares of the company’s stock after buying an additional 13,834 shares during the period. Bank of New York Mellon Corp’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $974,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SCHO. Jane Street Group LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth $423,782,000. Bank of Montreal Can boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 15,996.5% in the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock worth $127,921,000 after acquiring an additional 2,591,761 shares during the period. MCF Advisors LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 133.5% in the fourth quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock worth $70,477,000 after acquiring an additional 1,674,798 shares during the period. West Coast Financial LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 162.2% during the fourth quarter. West Coast Financial LLC now owns 2,457,475 shares of the company’s stock worth $59,127,000 after purchasing an additional 1,520,253 shares in the last quarter. Finally, Bangor Savings Bank raised its stake in Schwab Short-Term U.S. Treasury ETF by 109.2% during the 4th quarter. Bangor Savings Bank now owns 1,666,108 shares of the company’s stock valued at $40,087,000 after purchasing an additional 869,727 shares during the period.

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

SCHO stock opened at $24.29 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.85 and a 1-year high of $24.54. The business has a 50 day simple moving average of $24.22 and a two-hundred day simple moving average of $24.24.

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.