Bright Futures Wealth Management LLC. Makes New $1.04 Million Investment in Schwab Short-Term U.S. Treasury ETF $SCHO

Bright Futures Wealth Management LLC. purchased a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the third quarter, HoldingsChannel.com reports. The fund purchased 42,465 shares of the company’s stock, valued at approximately $1,036,000.

Several other large investors also recently made changes to their positions in SCHO. Arete Wealth Advisors LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth $201,000. Commons Capital LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 3.7% during the 3rd quarter. Commons Capital LLC now owns 37,020 shares of the company’s stock worth $903,000 after purchasing an additional 1,337 shares in the last quarter. Brand Asset Management Group Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 599.7% in the 3rd quarter. Brand Asset Management Group Inc. now owns 101,303 shares of the company’s stock valued at $2,472,000 after purchasing an additional 86,824 shares during the period. Creative Financial Designs Inc. ADV lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 40.1% in the third quarter. Creative Financial Designs Inc. ADV now owns 81,735 shares of the company’s stock valued at $1,994,000 after purchasing an additional 23,375 shares in the last quarter. Finally, Diversify Wealth Management LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.4% in the third quarter. Diversify Wealth Management LLC now owns 493,518 shares of the company’s stock valued at $12,007,000 after purchasing an additional 6,814 shares in the last quarter.

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

NYSEARCA:SCHO opened at $24.45 on Monday. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.19 and a 52-week high of $24.47. The stock has a 50-day simple moving average of $24.38 and a 200 day simple moving average of $24.38.

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

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

About Schwab Short-Term U.S. Treasury ETF

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.