Park National Corp OH Makes New $912,000 Investment in Schwab Short-Term U.S. Treasury ETF $SCHO

Park National Corp OH acquired a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 37,404 shares of the company’s stock, valued at approximately $912,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHO. Smartleaf Asset Management LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 235.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock worth $25,000 after acquiring an additional 718 shares in the last quarter. Lowe Brockenbrough & Co. Inc. purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth $30,000. Measured Wealth Private Client Group LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at about $41,000. Smithfield Trust Co purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at approximately $49,000. Finally, Promus Capital LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter worth $63,000.

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

SCHO stock opened at $24.21 on Friday. The firm’s 50 day moving average price is $24.36 and its 200-day moving average price is $24.37. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.19 and a one year high of $24.47.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Stockholders 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 dividend 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.