Schwab Short-Term U.S. Treasury ETF $SCHO Shares Acquired by Citigroup Inc.

Citigroup Inc. boosted its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) by 1,191.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 387,483 shares of the company’s stock after acquiring an additional 357,473 shares during the quarter. Citigroup Inc. owned 0.08% of Schwab Short-Term U.S. Treasury ETF worth $9,455,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 235.4% in the third quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock valued at $25,000 after purchasing an additional 718 shares during the period. Lowe Brockenbrough & Co. Inc. acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $30,000. Smithfield Trust Co acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $49,000. Founders Financial Alliance LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 20.5% during the 3rd quarter. Founders Financial Alliance LLC now owns 2,904 shares of the company’s stock valued at $71,000 after buying an additional 495 shares during the period. Finally, AllSquare Wealth Management LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 183.3% during the 2nd quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock worth $75,000 after acquiring an additional 2,000 shares in the last quarter.

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

SCHO opened at $24.45 on Monday. The firm’s 50 day moving average is $24.38 and its 200-day moving average is $24.38. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.19 and a 52-week high of $24.47.

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 was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is an increase from Schwab Short-Term U.S. Treasury ETF’s previous monthly dividend of $0.07.

Schwab Short-Term U.S. Treasury ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

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