Asset Planning Corporation Increases Stake in Schwab Short-Term U.S. Treasury ETF $SCHO

Asset Planning Corporation grew its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 10.6% during the 3rd quarter, Holdings Channel reports. The fund owned 294,018 shares of the company’s stock after buying an additional 28,164 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises 3.4% of Asset Planning Corporation’s portfolio, making the stock its 12th biggest holding. Asset Planning Corporation’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $7,174,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of SCHO. Brighton Jones LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 227.2% during the fourth quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock valued at $444,000 after purchasing an additional 12,810 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 4.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 18,157 shares of the company’s stock valued at $443,000 after buying an additional 839 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 57.4% during the 2nd quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock valued at $52,000 after buying an additional 783 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 128.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 43,024 shares of the company’s stock worth $1,049,000 after acquiring an additional 24,210 shares during the period. Finally, CWM LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 209.4% during the 2nd quarter. CWM LLC now owns 87,944 shares of the company’s stock worth $2,144,000 after acquiring an additional 59,524 shares during the period.

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

SCHO opened at $24.39 on Friday. The company has a 50 day simple moving average of $24.37 and a two-hundred day simple moving average of $24.37. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.12 and a 1-year high of $24.47.

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

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

Schwab Short-Term U.S. Treasury ETF 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.