Clear Investment Research LLC Cuts Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Clear Investment Research LLC cut its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 37.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,714 shares of the company’s stock after selling 29,610 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up 1.6% of Clear Investment Research LLC’s investment portfolio, making the stock its 16th largest position. Clear Investment Research LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,189,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. MFG Wealth Management Inc. acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $1,298,000. Gilbert Capital Group Inc. purchased a new position in Schwab Short-Term U.S. Treasury ETF in the second quarter valued at about $3,693,000. Nations Financial Group Inc. IA ADV acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth about $655,000. Blue Sky Capital Consultants Group Inc. boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 1,553.0% in the third quarter. Blue Sky Capital Consultants Group Inc. now owns 390,273 shares of the company’s stock worth $9,523,000 after buying an additional 366,663 shares during the period. Finally, First Financial Group Corp boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 100.2% in the third quarter. First Financial Group Corp now owns 55,490 shares of the company’s stock worth $1,354,000 after buying an additional 27,770 shares during the period.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.1%

SCHO stock opened at $24.42 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.15 and a 1 year high of $24.47. The stock has a 50-day simple moving average of $24.37 and a 200-day simple moving average of $24.37.

Schwab Short-Term U.S. Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.0869 per share. This is an increase from Schwab Short-Term U.S. Treasury ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, February 2nd.

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.