Rialto Wealth Management LLC Has $1.89 Million Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Rialto Wealth Management LLC lowered its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 26.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,526 shares of the company’s stock after selling 27,694 shares during the quarter. Rialto Wealth Management LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,892,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of SCHO. Smartleaf Asset Management LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 235.4% during the third quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock valued at $25,000 after buying an additional 718 shares in the last quarter. Lowe Brockenbrough & Co. Inc. acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at about $30,000. Blue Trust Inc. increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 57.4% during the 2nd quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock valued at $52,000 after acquiring an additional 783 shares during the last quarter. AllSquare Wealth Management LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 183.3% in the 2nd quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock valued at $75,000 after acquiring an additional 2,000 shares in the last quarter. Finally, High Note Wealth LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 39.6% in the 3rd quarter. High Note Wealth LLC now owns 4,389 shares of the company’s stock worth $107,000 after purchasing an additional 1,245 shares during the last quarter.

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

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.42 on Monday. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.15 and a 12-month high of $24.47. The stock has a 50 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 company also recently announced a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a $0.0869 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Monday, February 2nd. 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 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.