Fiduciary Financial Group LLC Has $47.57 Million Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Fiduciary Financial Group LLC boosted its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,952,052 shares of the company’s stock after acquiring an additional 39,268 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for 6.7% of Fiduciary Financial Group LLC’s portfolio, making the stock its 3rd biggest holding. Fiduciary Financial Group LLC owned about 0.40% of Schwab Short-Term U.S. Treasury ETF worth $47,572,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Brighton Jones LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 227.2% in the fourth quarter. Brighton Jones LLC now owns 18,449 shares of the company’s stock worth $444,000 after purchasing an additional 12,810 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the second quarter valued at $1,674,000. Steward Partners Investment Advisory LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 289.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 32,516 shares of the company’s stock valued at $793,000 after purchasing an additional 24,158 shares during the period. XTX Topco Ltd bought a new position in shares of Schwab Short-Term U.S. Treasury ETF in the second quarter worth about $214,000. Finally, Associated Banc Corp grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.2% in the second quarter. Associated Banc Corp now owns 247,536 shares of the company’s stock worth $6,035,000 after purchasing an additional 5,247 shares during the last quarter.

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

SCHO stock opened at $24.21 on Wednesday. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.18 and a 12 month high of $24.47. The firm’s 50-day moving average is $24.35 and its 200 day moving average is $24.37.

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

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

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.