Schwab Short-Term U.S. Treasury ETF $SCHO Shares Acquired by BWM Planning LLC

BWM Planning LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 11.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 629,939 shares of the company’s stock after buying an additional 66,754 shares during the period. Schwab Short-Term U.S. Treasury ETF accounts for 4.1% of BWM Planning LLC’s portfolio, making the stock its 6th biggest holding. BWM Planning LLC owned about 0.13% of Schwab Short-Term U.S. Treasury ETF worth $15,352,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of SCHO. Bank of America Corp DE lifted its position in Schwab Short-Term U.S. Treasury ETF by 8.8% in the third quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock worth $2,895,446,000 after purchasing an additional 9,578,278 shares during the period. Ameriprise Financial Inc. boosted its stake in Schwab Short-Term U.S. Treasury ETF by 5.7% during the second 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 in the last quarter. Sei Investments Co. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 3.4% during the third quarter. Sei Investments Co. now owns 17,596,729 shares of the company’s stock worth $429,361,000 after acquiring an additional 570,536 shares during the period. Wealthfront Advisers LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 5.7% during the third quarter. Wealthfront Advisers LLC now owns 3,787,747 shares of the company’s stock worth $92,421,000 after acquiring an additional 202,970 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 6.0% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 3,441,065 shares of the company’s stock worth $83,962,000 after acquiring an additional 195,869 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.21 on Friday. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $24.17 and a twelve month high of $24.47. The firm has a 50-day moving average of $24.34 and a two-hundred day moving average of $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. Shareholders of record on Monday, March 2nd were issued a $0.0707 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend 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.