114,016 Shares in Schwab Short-Term U.S. Treasury ETF $SCHO Acquired by Investment Research Partners LLC

Investment Research Partners LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 114,016 shares of the company’s stock, valued at approximately $2,782,000. Schwab Short-Term U.S. Treasury ETF makes up about 1.3% of Investment Research Partners LLC’s investment portfolio, making the stock its 15th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of SCHO. Bank of America Corp DE raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 8.8% in the 3rd quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock valued at $2,895,446,000 after buying an additional 9,578,278 shares during the period. Ameriprise Financial Inc. boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 5.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after acquiring an additional 1,237,815 shares during the period. Sei Investments Co. boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 3.4% during the 3rd quarter. Sei Investments Co. now owns 17,596,729 shares of the company’s stock valued at $429,361,000 after acquiring an additional 570,536 shares during the period. Wealthfront Advisers LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 5.7% in the 3rd quarter. Wealthfront Advisers LLC now owns 3,787,747 shares of the company’s stock valued at $92,421,000 after acquiring an additional 202,970 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC grew its position in Schwab Short-Term U.S. Treasury ETF by 6.0% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 3,441,065 shares of the company’s stock valued at $83,962,000 after acquiring an additional 195,869 shares in the last quarter.

Schwab Short-Term U.S. Treasury ETF Trading Down 0.2%

Shares of NYSEARCA:SCHO opened at $24.26 on Thursday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.19 and a 1 year high of $24.47. The firm’s 50-day moving average is $24.36 and its two-hundred day moving average is $24.38.

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

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

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.