Avior Wealth Management LLC Buys 83,336 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Avior Wealth Management LLC increased its position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 9.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 983,861 shares of the company’s stock after purchasing an additional 83,336 shares during the period. Avior Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $23,977,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SCHO. MFG Wealth Management Inc. purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $1,298,000. Gilbert Capital Group Inc. bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 2nd quarter worth approximately $3,693,000. Nations Financial Group Inc. IA ADV bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth approximately $655,000. Ballast Advisors LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 9.4% during the 3rd quarter. Ballast Advisors LLC now owns 623,769 shares of the company’s stock valued at $15,220,000 after acquiring an additional 53,596 shares during the period. Finally, Blue Sky Capital Consultants Group Inc. grew its position in Schwab Short-Term U.S. Treasury ETF by 1,553.0% in the 3rd quarter. Blue Sky Capital Consultants Group Inc. now owns 390,273 shares of the company’s stock valued at $9,523,000 after acquiring an additional 366,663 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Price Performance

Shares of SCHO opened at $24.25 on Friday. The firm has a fifty day moving average price of $24.36 and a 200-day moving average price of $24.38. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.19 and a 12-month high of $24.47.

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

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

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.