Focus Financial Network Inc. Acquires 95,701 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Focus Financial Network Inc. increased its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) by 42.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 318,850 shares of the company’s stock after acquiring an additional 95,701 shares during the period. Focus Financial Network Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $7,770,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 227.2% in the 4th quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock worth $444,000 after purchasing an additional 12,810 shares during the period. Global Retirement Partners LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF during the second quarter valued at about $1,674,000. Steward Partners Investment Advisory LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 289.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 32,516 shares of the company’s stock valued at $793,000 after buying an additional 24,158 shares during the period. XTX Topco Ltd bought a new position in shares of Schwab Short-Term U.S. Treasury ETF during the second quarter valued at about $214,000. Finally, Associated Banc Corp grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 2.2% during the second quarter. Associated Banc Corp now owns 247,536 shares of the company’s stock valued at $6,035,000 after buying an additional 5,247 shares during the last quarter.

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

SCHO opened at $24.21 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.18 and a 12 month high of $24.47. The business’s 50-day moving average price is $24.35 and its 200-day moving average price is $24.37.

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

The business also recently declared 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. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Monday, March 2nd.

Schwab Short-Term U.S. Treasury ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SCHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report).

Institutional Ownership by Quarter for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

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