Janney Montgomery Scott LLC Acquires New Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Janney Montgomery Scott LLC bought a new position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 16,305 shares of the company’s stock, valued at approximately $392,000.

Several other large investors have also added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $423,782,000. Stifel Financial Corp raised its holdings in Schwab Short-Term U.S. Treasury ETF by 4.4% during the third quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock valued at $146,894,000 after acquiring an additional 127,669 shares during the period. MCF Advisors LLC lifted its position 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 valued at $70,477,000 after acquiring an additional 1,674,798 shares in the last quarter. Bank of Montreal Can lifted its position 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 valued at $127,921,000 after acquiring an additional 2,591,761 shares in the last quarter. Finally, West Coast Financial LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 162.2% in the fourth quarter. West Coast Financial LLC now owns 2,457,475 shares of the company’s stock worth $59,127,000 after acquiring an additional 1,520,253 shares during the period.

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

Shares of SCHO opened at $24.15 on Tuesday. The business’s 50 day moving average is $24.16 and its 200 day moving average is $24.26. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $23.85 and a 12-month 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.