Pinkerton Wealth LLC Has $2.78 Million Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Pinkerton Wealth LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 22.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 114,022 shares of the company’s stock after acquiring an additional 20,965 shares during the quarter. Pinkerton Wealth LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $2,782,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC increased its holdings 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 valued at $25,000 after buying an additional 718 shares during the period. Lowe Brockenbrough & Co. Inc. bought a new position in Schwab Short-Term U.S. Treasury ETF in the third quarter valued at approximately $30,000. Smithfield Trust Co acquired a new position in Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $49,000. Founders Financial Alliance LLC raised its position in 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 valued at $71,000 after purchasing an additional 495 shares in the last quarter. Finally, AllSquare Wealth Management LLC lifted its stake in Schwab Short-Term U.S. Treasury ETF by 183.3% during the second quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock worth $75,000 after purchasing an additional 2,000 shares during the last quarter.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.33 on Tuesday. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $24.19 and a 52 week high of $24.47. The stock has a fifty day moving average of $24.37 and a 200-day moving average of $24.38.

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

The company also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.0707 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend 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.