MassMutual Private Wealth & Trust FSB Grows Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

MassMutual Private Wealth & Trust FSB grew its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) by 48.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,696,406 shares of the company’s stock after acquiring an additional 551,336 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for approximately 1.1% of MassMutual Private Wealth & Trust FSB’s holdings, making the stock its 24th largest holding. MassMutual Private Wealth & Trust FSB owned 0.32% of Schwab Short-Term U.S. Treasury ETF worth $40,951,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Merit Financial Group LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 20.9% in the fourth quarter. Merit Financial Group LLC now owns 1,889,316 shares of the company’s stock valued at $46,043,000 after purchasing an additional 327,024 shares during the period. Access Financial Services Inc. lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.6% during the fourth quarter. Access Financial Services Inc. now owns 1,381,585 shares of the company’s stock worth $33,669,000 after purchasing an additional 34,836 shares during the period. Farrow Financial Inc. lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 11.7% during the fourth quarter. Farrow Financial Inc. now owns 231,380 shares of the company’s stock worth $5,639,000 after purchasing an additional 24,285 shares during the period. Triad Wealth Partners LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at approximately $9,879,000. Finally, Carnegie Investment Counsel boosted its position in Schwab Short-Term U.S. Treasury ETF by 879.4% in the fourth quarter. Carnegie Investment Counsel now owns 96,010 shares of the company’s stock valued at $2,340,000 after buying an additional 86,207 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Trading Down 0.3%

NYSEARCA:SCHO opened at $24.03 on Tuesday. The company’s fifty day moving average price is $24.10 and its 200-day moving average price is $24.22. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.02 and a 1-year high of $24.46.

About Schwab Short-Term U.S. Treasury ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

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