Schwab Short-Term U.S. Treasury ETF $SCHO Shares Sold by Clear Investment Research LLC

Clear Investment Research LLC decreased its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) by 37.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 48,714 shares of the company’s stock after selling 29,610 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for about 1.6% of Clear Investment Research LLC’s holdings, making the stock its 16th biggest holding. Clear Investment Research LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,189,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its stake in Schwab Short-Term U.S. Treasury ETF by 0.7% during the second quarter. Bank of America Corp DE now owns 109,087,556 shares of the company’s stock valued at $2,659,555,000 after buying an additional 806,967 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% in 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 last quarter. Sei Investments Co. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 3.0% during the 2nd quarter. Sei Investments Co. now owns 17,026,193 shares of the company’s stock valued at $415,098,000 after acquiring an additional 500,652 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Schwab Short-Term U.S. Treasury ETF by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 8,046,412 shares of the company’s stock worth $196,172,000 after purchasing an additional 401,306 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Schwab Short-Term U.S. Treasury ETF by 40.7% during the second quarter. PNC Financial Services Group Inc. now owns 3,819,204 shares of the company’s stock worth $93,112,000 after purchasing an additional 1,104,604 shares during the last quarter.

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

SCHO stock opened at $24.42 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $24.15 and a 1-year high of $24.47. The firm has a fifty day moving average price of $24.37 and a two-hundred day moving average price of $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 given a dividend of $0.0869 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. 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 Company 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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Institutional Ownership by Quarter for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

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