MBM Wealth Consultants LLC Has $23.37 Million Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

MBM Wealth Consultants LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 7.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 962,850 shares of the company’s stock after purchasing an additional 63,131 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up approximately 5.4% of MBM Wealth Consultants LLC’s investment portfolio, making the stock its 6th largest position. MBM Wealth Consultants LLC owned approximately 0.19% of Schwab Short-Term U.S. Treasury ETF worth $23,368,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in SCHO. CIBC Private Wealth Group LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 138.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,031 shares of the company’s stock worth $25,000 after buying an additional 599 shares during the period. Dorato Capital Management bought a new stake in Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at about $26,000. Simplex Trading LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 5,315.0% in the 4th quarter. Simplex Trading LLC now owns 1,083 shares of the company’s stock valued at $26,000 after buying an additional 1,063 shares during the period. Gilpin Wealth Management LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at about $39,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth about $41,000.

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

Shares of SCHO stock opened at $24.13 on Thursday. The company’s 50-day simple moving average is $24.16 and its two-hundred day simple moving average is $24.28. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.06 and a one year high of $24.46.

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.