Schwab Short-Term U.S. Treasury ETF $SCHO Shares Bought by LVW Advisors LLC

LVW Advisors LLC grew its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,072,234 shares of the company’s stock after buying an additional 90,232 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up approximately 5.1% of LVW Advisors LLC’s portfolio, making the stock its 3rd largest holding. LVW Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $50,500,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHO. First County Bank CT boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 3.9% in the 4th quarter. First County Bank CT now owns 15,981 shares of the company’s stock valued at $389,000 after purchasing an additional 593 shares during the period. Enclave Advisors LLC acquired a new position in Schwab Short-Term U.S. Treasury ETF during the fourth quarter worth approximately $397,000. BWM Planning LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF by 11.9% in the fourth quarter. BWM Planning LLC now owns 629,939 shares of the company’s stock valued at $15,352,000 after buying an additional 66,754 shares during the last quarter. Team Financial Group LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF by 60.2% in the fourth quarter. Team Financial Group LLC now owns 38,136 shares of the company’s stock valued at $929,000 after buying an additional 14,336 shares during the last quarter. Finally, Dakota Wealth Management boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 44.9% in the fourth quarter. Dakota Wealth Management now owns 135,950 shares of the company’s stock valued at $3,313,000 after acquiring an additional 42,155 shares during the period.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.21 on Friday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.17 and a 1 year high of $24.47. The company’s fifty day moving average is $24.34 and its two-hundred day moving average is $24.37.

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

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

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.