Sei Investments Co. Boosts Stock Position in Schwab Short-Term U.S. Treasury ETF $SCHO

Sei Investments Co. grew its position in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) by 3.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,596,729 shares of the company’s stock after purchasing an additional 570,536 shares during the quarter. Sei Investments Co. owned approximately 3.59% of Schwab Short-Term U.S. Treasury ETF worth $429,361,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its position in Schwab Short-Term U.S. Treasury ETF by 235.4% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock worth $25,000 after buying an additional 718 shares during the last quarter. Lowe Brockenbrough & Co. Inc. bought a new position in Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $30,000. Smithfield Trust Co purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth approximately $49,000. Promus Capital LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth approximately $63,000. Finally, Founders Financial Alliance LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 20.5% in the 3rd quarter. Founders Financial Alliance LLC now owns 2,904 shares of the company’s stock worth $71,000 after acquiring an additional 495 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Stock Down 0.2%

Shares of Schwab Short-Term U.S. Treasury ETF stock opened at $24.26 on Friday. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.19 and a 52-week high of $24.47. The company has a fifty day moving average of $24.37 and a 200-day moving average of $24.38.

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

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

Schwab Short-Term U.S. Treasury ETF Profile

(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.

Further Reading

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

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