Dakota Wealth Management Sells 87,246 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Dakota Wealth Management decreased its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 48.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,795 shares of the company’s stock after selling 87,246 shares during the quarter. Dakota Wealth Management’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,289,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 44.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 50,807 shares of the company’s stock worth $1,240,000 after buying an additional 15,643 shares during the last quarter. Lowery Thomas LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 5.1% in the 3rd quarter. Lowery Thomas LLC now owns 128,488 shares of the company’s stock valued at $3,135,000 after buying an additional 6,256 shares during the last quarter. Alteri Wealth LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 10.8% in the 3rd quarter. Alteri Wealth LLC now owns 50,799 shares of the company’s stock valued at $1,240,000 after acquiring an additional 4,949 shares during the period. Koshinski Asset Management Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 0.9% during the third quarter. Koshinski Asset Management Inc. now owns 63,348 shares of the company’s stock worth $1,546,000 after acquiring an additional 573 shares during the last quarter. Finally, Dover Advisors LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 114.7% during the third quarter. Dover Advisors LLC now owns 109,420 shares of the company’s stock worth $2,670,000 after acquiring an additional 58,461 shares during the period.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.42 on Thursday. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.19 and a 12 month high of $24.47. The stock’s 50 day moving average is $24.37 and its 200-day moving average is $24.38.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were issued a $0.0869 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a positive change from Schwab Short-Term U.S. Treasury ETF’s previous monthly dividend of $0.07.

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.