Plan A Wealth LLC Buys 41,920 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Plan A Wealth LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 22.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 228,661 shares of the company’s stock after buying an additional 41,920 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up about 2.8% of Plan A Wealth LLC’s investment portfolio, making the stock its 7th largest position. Plan A Wealth LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $5,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cobblestone Capital Advisors LLC NY grew its holdings in Schwab Short-Term U.S. Treasury ETF by 0.4% in the second quarter. Cobblestone Capital Advisors LLC NY now owns 99,475 shares of the company’s stock worth $2,425,000 after purchasing an additional 422 shares during the period. Evanson Asset Management LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 1.0% in the third quarter. Evanson Asset Management LLC now owns 43,932 shares of the company’s stock valued at $1,072,000 after acquiring an additional 445 shares during the period. Sherman Asset Management Inc. increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.2% during the second quarter. Sherman Asset Management Inc. now owns 38,821 shares of the company’s stock valued at $946,000 after acquiring an additional 464 shares in the last quarter. WMG Financial Advisors LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 4.7% during the third quarter. WMG Financial Advisors LLC now owns 10,753 shares of the company’s stock worth $262,000 after purchasing an additional 485 shares during the period. Finally, Stonekeep Investments LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 3.6% in the 3rd quarter. Stonekeep Investments LLC now owns 14,080 shares of the company’s stock worth $344,000 after purchasing an additional 493 shares in the last quarter.

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

SCHO opened at $24.39 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.10 and a fifty-two week high of $24.47. The company’s 50-day moving average is $24.37 and its 200 day moving average is $24.37.

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

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

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.