Wealthfront Advisers LLC Raises Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Wealthfront Advisers LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 5.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,787,747 shares of the company’s stock after acquiring an additional 202,970 shares during the quarter. Wealthfront Advisers LLC owned 0.77% of Schwab Short-Term U.S. Treasury ETF worth $92,421,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its stake in shares of 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 buying an additional 718 shares in the last quarter. Lowe Brockenbrough & Co. Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $30,000. Blue Trust Inc. lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 57.4% in the second quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock valued at $52,000 after acquiring an additional 783 shares during the period. AllSquare Wealth Management LLC boosted its position in shares of 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 purchasing an additional 2,000 shares in the last quarter. Finally, High Note Wealth LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 39.6% during the 3rd quarter. High Note Wealth LLC now owns 4,389 shares of the company’s stock worth $107,000 after purchasing an additional 1,245 shares during the period.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.0%

Shares of NYSEARCA SCHO opened at $24.36 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $24.10 and a 52 week high of $24.47. The firm has a 50-day moving average price of $24.36 and a 200 day moving average price of $24.37.

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

The company also recently declared a monthly dividend, which was paid on Friday, February 6th. Investors 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 dividend 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 Company 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.