BWM Planning LLC Boosts Stock Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

BWM Planning LLC grew its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 11.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 629,939 shares of the company’s stock after buying an additional 66,754 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up approximately 4.1% of BWM Planning LLC’s holdings, making the stock its 6th biggest position. BWM Planning LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $15,352,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 8.8% during the 3rd quarter. Bank of America Corp DE now owns 118,665,834 shares of the company’s stock valued at $2,895,446,000 after acquiring an additional 9,578,278 shares during the last quarter. Cerity Partners LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 5,194.3% during the second quarter. Cerity Partners LLC now owns 3,267,650 shares of the company’s stock valued at $79,665,000 after purchasing an additional 3,205,930 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 89.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,744,373 shares of the company’s stock valued at $66,880,000 after purchasing an additional 1,292,926 shares during the period. Ameriprise Financial Inc. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% in the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock valued at $570,775,000 after purchasing an additional 1,237,815 shares during the period. Finally, Access Financial Services Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 112.5% in the third quarter. Access Financial Services Inc. now owns 1,346,749 shares of the company’s stock worth $32,861,000 after buying an additional 712,966 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Stock Up 0.2%

NYSEARCA SCHO opened at $24.21 on Friday. The company has a fifty day simple moving average of $24.34 and a 200 day simple moving average of $24.37. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.17 and a 1 year high of $24.47.

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

The company 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%.

Schwab Short-Term U.S. Treasury ETF Company 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.