Dover Advisors LLC Has $2.67 Million Stock Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Dover Advisors LLC raised its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 114.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 109,420 shares of the company’s stock after acquiring an additional 58,461 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises 1.1% of Dover Advisors LLC’s portfolio, making the stock its 22nd biggest position. Dover Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,670,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SCHO. Cerity Partners LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 5,194.3% in the second quarter. Cerity Partners LLC now owns 3,267,650 shares of the company’s stock valued at $79,665,000 after purchasing an additional 3,205,930 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 89.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,744,373 shares of the company’s stock valued at $66,880,000 after purchasing an additional 1,292,926 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Schwab Short-Term U.S. Treasury ETF by 5.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after buying an additional 1,237,815 shares during the last quarter. Midwest Trust Co acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the 2nd quarter valued at $29,310,000. Finally, PNC Financial Services Group Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 40.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,819,204 shares of the company’s stock worth $93,112,000 after buying an additional 1,104,604 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.40 on Friday. The business has a 50-day moving average of $24.37 and a 200-day moving average of $24.38. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.18 and a fifty-two week high of $24.47.

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

The business also recently declared a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were paid a $0.0869 dividend. This is a positive change 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 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.