Successful Portfolios LLC Has $4.89 Million Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Successful Portfolios LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 92.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 203,314 shares of the company’s stock after purchasing an additional 97,532 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for 3.3% of Successful Portfolios LLC’s portfolio, making the stock its 8th largest position. Successful Portfolios LLC owned approximately 0.09% of Schwab Short-Term U.S. Treasury ETF worth $4,892,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth approximately $423,782,000. Bank of Montreal Can raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 15,996.5% during 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. West Coast Financial LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 162.2% in the 4th 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. Bangor Savings Bank boosted its stake in Schwab Short-Term U.S. Treasury ETF by 109.2% in the 4th quarter. Bangor Savings Bank now owns 1,666,108 shares of the company’s stock worth $40,087,000 after purchasing an additional 869,727 shares during the period. Finally, Fiduciary Financial Group LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 103.6% during the 4th quarter. Fiduciary Financial Group LLC now owns 1,489,093 shares of the company’s stock worth $35,887,000 after purchasing an additional 757,776 shares in the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.17 on Monday. The stock’s 50-day moving average is $24.15 and its 200-day moving average is $24.25. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.53.

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.