Assetmark Inc. Sells 792,008 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Assetmark Inc. reduced its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 89.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 96,720 shares of the company’s stock after selling 792,008 shares during the period. Assetmark Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,360,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 235.4% during the third quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock valued at $25,000 after purchasing an additional 718 shares in the last quarter. Lowe Brockenbrough & Co. Inc. purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at about $30,000. AllSquare Wealth Management LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 183.3% during the 2nd quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock valued at $75,000 after acquiring an additional 2,000 shares during the period. High Note Wealth LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 39.6% in the 3rd quarter. High Note Wealth LLC now owns 4,389 shares of the company’s stock worth $107,000 after acquiring an additional 1,245 shares in the last quarter. Finally, Morling Financial Advisors LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 383.5% during the 2nd quarter. Morling Financial Advisors LLC now owns 4,932 shares of the company’s stock worth $120,000 after acquiring an additional 3,912 shares during the period.

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

Shares of NYSEARCA SCHO opened at $24.41 on Thursday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.15 and a 1 year high of $24.47. The firm has a fifty day moving average price of $24.37 and a 200-day moving average price of $24.38.

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

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

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.