Charles Schwab Trust Co Purchases 34,514 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Charles Schwab Trust Co increased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,037,219 shares of the company’s stock after buying an additional 34,514 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for 1.7% of Charles Schwab Trust Co’s portfolio, making the stock its 15th largest holding. Charles Schwab Trust Co owned 0.21% of Schwab Short-Term U.S. Treasury ETF worth $25,277,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Tactive Advisors LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 4.4% during the 4th quarter. Tactive Advisors LLC now owns 17,765 shares of the company’s stock worth $433,000 after purchasing an additional 750 shares during the last quarter. ZynergyRetirementPlanningLLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 26.9% in the 4th quarter. ZynergyRetirementPlanningLLC now owns 483,964 shares of the company’s stock valued at $11,794,000 after purchasing an additional 102,601 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 15.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,177,583 shares of the company’s stock valued at $77,469,000 after purchasing an additional 433,210 shares during the last quarter. Signet Financial Management LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 11.1% in the fourth quarter. Signet Financial Management LLC now owns 11,961 shares of the company’s stock worth $291,000 after purchasing an additional 1,191 shares in the last quarter. Finally, Tuttle Capital Management LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF in the fourth quarter worth $232,000.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.21 on Monday. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.19 and a one year high of $24.47. The company’s fifty day moving average price is $24.36 and its two-hundred day moving average price is $24.37.

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

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