Mengis Capital Management Inc. Increases Position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Mengis Capital Management Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 97.4% in the fourth quarter, Holdings Channel reports. The firm owned 8,411 shares of the company’s stock after buying an additional 4,150 shares during the period. Mengis Capital Management Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $202,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of SCHO. Jane Street Group LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at approximately $423,782,000. Bank of Montreal Can boosted its holdings 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 purchasing an additional 2,591,761 shares during the period. MCF Advisors LLC boosted its holdings 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 purchasing an additional 1,674,798 shares during the period. West Coast Financial LLC boosted its holdings 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 valued at $59,127,000 after purchasing an additional 1,520,253 shares during the period. Finally, Bangor Savings Bank boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 109.2% in the fourth quarter. Bangor Savings Bank now owns 1,666,108 shares of the company’s stock valued at $40,087,000 after purchasing an additional 869,727 shares during the period.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.25 on Wednesday. The business has a fifty day moving average of $24.15 and a two-hundred day moving average of $24.25. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.85 and a twelve 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.