Creative Financial Designs Inc. ADV Purchases 23,375 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Creative Financial Designs Inc. ADV increased its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 40.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 81,735 shares of the company’s stock after purchasing an additional 23,375 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,994,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Evanson Asset Management LLC raised its holdings in Schwab Short-Term U.S. Treasury ETF by 1.0% during the 3rd quarter. Evanson Asset Management LLC now owns 43,932 shares of the company’s stock worth $1,072,000 after purchasing an additional 445 shares during the last quarter. Sherman Asset Management Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.2% during the second quarter. Sherman Asset Management Inc. now owns 38,821 shares of the company’s stock worth $946,000 after buying an additional 464 shares during the last quarter. WMG Financial Advisors LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 4.7% in the third quarter. WMG Financial Advisors LLC now owns 10,753 shares of the company’s stock valued at $262,000 after buying an additional 485 shares during the period. Stonekeep Investments LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 3.6% in the third quarter. Stonekeep Investments LLC now owns 14,080 shares of the company’s stock valued at $344,000 after acquiring an additional 493 shares during the last quarter. Finally, Founders Financial Alliance LLC boosted its stake in Schwab Short-Term U.S. Treasury ETF by 20.5% in the third quarter. Founders Financial Alliance LLC now owns 2,904 shares of the company’s stock valued at $71,000 after acquiring an additional 495 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.1%

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.45 on Friday. The firm has a fifty day moving average of $24.38 and a two-hundred day moving average of $24.38. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $24.19 and a 52 week high of $24.47.

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

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

Schwab Short-Term U.S. Treasury ETF Company 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.