SMI Advisory Services LLC Decreases Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

SMI Advisory Services LLC decreased its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 7.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 333,624 shares of the company’s stock after selling 27,098 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up 1.4% of SMI Advisory Services LLC’s holdings, making the stock its 14th biggest position. SMI Advisory Services LLC owned about 0.07% of Schwab Short-Term U.S. Treasury ETF worth $8,130,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of SCHO. MFG Wealth Management Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth $1,298,000. Gilbert Capital Group Inc. acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the second quarter valued at about $3,693,000. Nations Financial Group Inc. IA ADV acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the third quarter valued at about $655,000. Ballast Advisors LLC lifted its stake in shares of 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 buying an additional 53,596 shares in the last quarter. Finally, Blue Sky Capital Consultants Group Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1,553.0% in the third quarter. Blue Sky Capital Consultants Group Inc. now owns 390,273 shares of the company’s stock worth $9,523,000 after buying an additional 366,663 shares in the last quarter.

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

SCHO opened at $24.17 on Friday. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $24.17 and a twelve month high of $24.47. The firm’s 50-day moving average price is $24.34 and its 200 day moving average price is $24.37.

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

The firm 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 of this dividend 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.