336,282 Shares in Schwab Short-Term U.S. Treasury ETF $SCHO Purchased by Oakwell Private Wealth Management LLC

Oakwell Private Wealth Management LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 336,282 shares of the company’s stock, valued at approximately $8,205,000. Schwab Short-Term U.S. Treasury ETF comprises about 1.6% of Oakwell Private Wealth Management LLC’s investment portfolio, making the stock its 12th largest position.

Several other large investors have also recently added to or reduced their stakes in SCHO. Comprehensive Financial Planning Inc. PA raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 40.7% in the third quarter. Comprehensive Financial Planning Inc. PA now owns 3,282 shares of the company’s stock valued at $80,000 after acquiring an additional 950 shares during the last quarter. Burk Holdings LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 35.5% in the 3rd quarter. Burk Holdings LLC now owns 51,901 shares of the company’s stock valued at $1,266,000 after purchasing an additional 13,611 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 3.1% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 80,198 shares of the company’s stock valued at $1,955,000 after purchasing an additional 2,374 shares during the last quarter. Ballast Advisors LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 9.4% in the third quarter. Ballast Advisors LLC now owns 623,769 shares of the company’s stock worth $15,220,000 after purchasing an additional 53,596 shares in the last quarter. Finally, Bright Futures Wealth Management LLC. bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth $1,036,000.

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

Shares of NYSEARCA:SCHO opened at $24.34 on Wednesday. The business has a fifty day moving average of $24.38 and a 200-day moving average of $24.38. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $24.19 and a twelve month high of $24.47.

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

The business also recently announced a monthly dividend, which will be paid on Friday, March 6th. Shareholders of record on Monday, March 2nd will be paid a $0.0707 dividend. The ex-dividend date of this dividend is 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.