Diversify Advisory Services LLC Sells 69,051 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Diversify Advisory Services LLC lessened its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 60.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,027 shares of the company’s stock after selling 69,051 shares during the quarter. Diversify Advisory Services LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,120,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 227.2% during the fourth quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after purchasing an additional 12,810 shares in the last quarter. Bank of Montreal Can raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 60.9% during the 2nd quarter. Bank of Montreal Can now owns 91,178 shares of the company’s stock valued at $2,223,000 after buying an additional 34,514 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 214.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 585,777 shares of the company’s stock valued at $14,281,000 after buying an additional 399,216 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 0.8% in the 2nd quarter. Allworth Financial LP now owns 121,737 shares of the company’s stock valued at $2,968,000 after acquiring an additional 985 shares during the last quarter. Finally, Cahill Financial Advisors Inc. grew its position in Schwab Short-Term U.S. Treasury ETF by 13.7% in the second quarter. Cahill Financial Advisors Inc. now owns 18,863 shares of the company’s stock worth $460,000 after acquiring an additional 2,274 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.32 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.19 and a 1-year high of $24.47. The business’s 50 day moving average is $24.37 and its two-hundred day moving average is $24.38.

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

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a $0.0707 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.