Schwab Short-Term U.S. Treasury ETF $SCHO Holdings Lowered by Apella Capital LLC

Apella Capital LLC trimmed its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 8.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 260,847 shares of the company’s stock after selling 23,991 shares during the quarter. Apella Capital LLC owned about 0.05% of Schwab Short-Term U.S. Treasury ETF worth $6,357,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHO. Smartleaf Asset Management LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 235.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock worth $25,000 after buying an additional 718 shares in the last quarter. Dorato Capital Management bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth approximately $26,000. Lowe Brockenbrough & Co. Inc. bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth approximately $30,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth approximately $41,000. Finally, Smithfield Trust Co bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth approximately $49,000.

Schwab Short-Term U.S. Treasury ETF Trading Down 0.1%

NYSEARCA SCHO opened at $24.18 on Tuesday. The company’s 50 day simple moving average is $24.32 and its 200 day simple moving average is $24.36. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.17 and a 12 month high of $24.47.

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

The firm also recently announced a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were issued a $0.0707 dividend. This represents a c) dividend on an annualized basis 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.