Schwab Short-Term U.S. Treasury ETF $SCHO Stake Lifted by Fiduciary Financial Group LLC

Fiduciary Financial Group LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 2.1% in the fourth quarter, HoldingsChannel reports. The firm owned 1,952,052 shares of the company’s stock after acquiring an additional 39,268 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises about 6.7% of Fiduciary Financial Group LLC’s investment portfolio, making the stock its 3rd largest holding. Fiduciary Financial Group LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $47,572,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 235.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock worth $25,000 after buying an additional 718 shares in the last quarter. Lowe Brockenbrough & Co. Inc. bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $30,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $41,000. Smithfield Trust Co purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the third quarter worth about $49,000. Finally, Promus Capital LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the third quarter worth about $63,000.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.21 on Wednesday. The firm’s 50-day moving average is $24.35 and its two-hundred day moving average is $24.37. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.18 and a 1 year high of $24.47.

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

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

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.