Focus Financial Network Inc. Buys 100,231 Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Focus Financial Network Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 114.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 187,835 shares of the company’s stock after acquiring an additional 100,231 shares during the period. Focus Financial Network Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $4,519,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF during the third quarter valued at about $423,782,000. Stifel Financial Corp raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 4.4% during the 3rd quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock valued at $146,894,000 after buying an additional 127,669 shares in the last quarter. MCF Advisors LLC raised its holdings in shares of 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 buying an additional 1,674,798 shares in the last quarter. Bank of Montreal Can lifted its position in Schwab Short-Term U.S. Treasury ETF by 15,996.5% in the 3rd quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock worth $127,921,000 after buying an additional 2,591,761 shares during the last quarter. Finally, West Coast Financial LLC boosted its stake in 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 buying an additional 1,520,253 shares in the last quarter.

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

SCHO stock opened at $24.15 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a one year low of $23.85 and a one year high of $24.53. The company’s 50 day moving average price is $24.16 and its two-hundred day moving average price is $24.26.

Schwab Short-Term U.S. Treasury ETF 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.