Black Diamond Financial LLC Boosts Stock Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Black Diamond Financial LLC raised its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 21.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 573,030 shares of the company’s stock after acquiring an additional 101,975 shares during the quarter. Schwab Short-Term U.S. Treasury ETF makes up about 1.6% of Black Diamond Financial LLC’s holdings, making the stock its 19th largest holding. Black Diamond Financial LLC owned 0.12% of Schwab Short-Term U.S. Treasury ETF worth $13,982,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its stake in Schwab Short-Term U.S. Treasury ETF by 0.7% in the 2nd quarter. Bank of America Corp DE now owns 109,087,556 shares of the company’s stock valued at $2,659,555,000 after purchasing an additional 806,967 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 5.7% during the second quarter. Ameriprise Financial Inc. now owns 23,077,707 shares of the company’s stock worth $570,775,000 after buying an additional 1,237,815 shares in the last quarter. Sei Investments Co. raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 3.0% in the second quarter. Sei Investments Co. now owns 17,026,193 shares of the company’s stock valued at $415,098,000 after buying an additional 500,652 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5.2% in the second quarter. Envestnet Asset Management Inc. now owns 8,046,412 shares of the company’s stock worth $196,172,000 after buying an additional 401,306 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 40.7% in the second quarter. PNC Financial Services Group Inc. now owns 3,819,204 shares of the company’s stock worth $93,112,000 after buying an additional 1,104,604 shares in the last quarter.

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

Shares of NYSEARCA SCHO opened at $24.33 on Thursday. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.10 and a 12-month high of $24.47. The company has a 50-day moving average of $24.37 and a 200 day moving average of $24.37.

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

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