True Link Financial Advisors LLC Sells 22,536 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

True Link Financial Advisors LLC decreased its stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 26.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 63,156 shares of the company’s stock after selling 22,536 shares during the period. Schwab Short-Term U.S. Treasury ETF makes up 0.1% of True Link Financial Advisors LLC’s investment portfolio, making the stock its 29th biggest position. True Link Financial Advisors LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $1,541,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 235.4% in the third quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock valued at $25,000 after acquiring 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 3rd quarter worth approximately $30,000. Blue Trust Inc. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 57.4% in the 2nd quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock worth $52,000 after purchasing an additional 783 shares during the period. AllSquare Wealth Management LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 183.3% in the 2nd quarter. AllSquare Wealth Management LLC now owns 3,091 shares of the company’s stock valued at $75,000 after purchasing an additional 2,000 shares during the last quarter. Finally, High Note Wealth LLC boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 39.6% in the 3rd quarter. High Note Wealth LLC now owns 4,389 shares of the company’s stock valued at $107,000 after purchasing an additional 1,245 shares during the last quarter.

Schwab Short-Term U.S. Treasury ETF Stock Down 0.1%

NYSEARCA SCHO opened at $24.37 on Thursday. The business has a 50 day simple moving average of $24.37 and a 200 day simple moving average of $24.37. Schwab Short-Term U.S. Treasury ETF has a one year low of $24.10 and a one year high of $24.47.

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

The company also recently disclosed 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. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a positive change from Schwab Short-Term U.S. Treasury ETF’s previous monthly dividend of $0.07.

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.