Allworth Financial LP Has $3.60 Million Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Allworth Financial LP lifted its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 21.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 147,567 shares of the company’s stock after acquiring an additional 25,830 shares during the quarter. Allworth Financial LP’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $3,601,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHO. Bank of America Corp DE boosted its position in Schwab Short-Term U.S. Treasury ETF by 8.8% during the 3rd quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock worth $2,895,446,000 after acquiring an additional 9,578,278 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% in the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after purchasing an additional 1,237,815 shares in the last quarter. Sei Investments Co. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 3.4% in the third quarter. Sei Investments Co. now owns 17,596,729 shares of the company’s stock worth $429,361,000 after purchasing an additional 570,536 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of 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 purchasing an additional 202,970 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 6.0% during the third quarter. Moisand Fitzgerald Tamayo LLC now owns 3,441,065 shares of the company’s stock worth $83,962,000 after purchasing an additional 195,869 shares during the period.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.21 on Friday. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.19 and a 12 month high of $24.47. The company’s fifty day simple moving average is $24.36 and its 200-day simple moving average is $24.37.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a dividend of $0.0707 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.