Schwab Short-Term U.S. Treasury ETF $SCHO Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) by 2.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 19,750,218 shares of the company’s stock after selling 500,886 shares during the period. JPMorgan Chase & Co.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $481,905,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of SCHO. MFG Wealth Management Inc. purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $1,298,000. Gilbert Capital Group Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the 2nd quarter valued at about $3,693,000. Nations Financial Group Inc. IA ADV purchased a new position in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at about $655,000. Blue Sky Capital Consultants Group Inc. raised its position in Schwab Short-Term U.S. Treasury ETF by 1,553.0% during the third quarter. Blue Sky Capital Consultants Group Inc. now owns 390,273 shares of the company’s stock worth $9,523,000 after acquiring an additional 366,663 shares during the last quarter. Finally, First Financial Group Corp lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 100.2% in the third quarter. First Financial Group Corp now owns 55,490 shares of the company’s stock valued at $1,354,000 after purchasing an additional 27,770 shares in the last quarter.

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

SCHO stock opened at $24.41 on Thursday. The company’s 50 day simple moving average is $24.37 and its 200-day simple moving average is $24.38. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.15 and a 12 month high of $24.47.

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

The business also recently announced a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.0869 per share. This is a boost from Schwab Short-Term U.S. Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

About Schwab Short-Term U.S. Treasury ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SCHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report).

Institutional Ownership by Quarter for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

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