MBM Wealth Consultants LLC Has $12.57 Million Stock Holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

MBM Wealth Consultants LLC raised its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 156.7% in the 4th quarter, HoldingsChannel reports. The firm owned 520,812 shares of the company’s stock after acquiring an additional 317,893 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up 3.7% of MBM Wealth Consultants LLC’s portfolio, making the stock its 9th biggest position. MBM Wealth Consultants LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $12,572,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Dakota Wealth Management grew its position in Schwab Short-Term U.S. Treasury ETF by 84.0% in the 4th quarter. Dakota Wealth Management now owns 337,790 shares of the company’s stock valued at $8,127,000 after purchasing an additional 154,224 shares during the period. Davis Capital Management raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 78.5% in the 4th quarter. Davis Capital Management now owns 1,992 shares of the company’s stock worth $48,000 after acquiring an additional 876 shares during the last quarter. Sheets Smith Wealth Management lifted its position in Schwab Short-Term U.S. Treasury ETF by 89.9% in the 4th quarter. Sheets Smith Wealth Management now owns 149,314 shares of the company’s stock valued at $3,592,000 after acquiring an additional 70,674 shares in the last quarter. MCF Advisors LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 133.5% during the 4th quarter. MCF Advisors LLC now owns 2,929,208 shares of the company’s stock valued at $70,477,000 after purchasing an additional 1,674,798 shares during the last quarter. Finally, Roberts Wealth Advisors LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 27.1% during the 4th quarter. Roberts Wealth Advisors LLC now owns 17,513 shares of the company’s stock worth $423,000 after purchasing an additional 3,735 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 $24.19 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $23.85 and a 52 week high of $24.53. The business has a 50 day moving average price of $24.15 and a 200-day moving average price of $24.25.

Schwab Short-Term U.S. Treasury ETF Company 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.