Pinkerton Wealth LLC Acquires 20,965 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Pinkerton Wealth LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 22.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 114,022 shares of the company’s stock after acquiring an additional 20,965 shares during the period. Pinkerton Wealth LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,782,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Smartleaf Asset Management LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 235.4% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock worth $25,000 after purchasing 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 worth approximately $30,000. Smithfield Trust Co bought a new position in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth approximately $49,000. Founders Financial Alliance LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 20.5% during the third quarter. Founders Financial Alliance LLC now owns 2,904 shares of the company’s stock worth $71,000 after purchasing an additional 495 shares during the period. Finally, AllSquare Wealth Management LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 183.3% in the second quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock valued at $75,000 after buying an additional 2,000 shares in the last quarter.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.0%

Shares of SCHO stock opened at $24.33 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $24.19 and a 1 year high of $24.47. The stock has a 50 day simple moving average of $24.37 and a 200 day simple moving average of $24.38.

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

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