Sfmg LLC Acquires New Shares in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Sfmg LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the fourth quarter, Holdings Channel reports. The institutional investor bought 5,004 shares of the company’s stock, valued at approximately $253,000.

A number of other hedge funds have also recently modified their holdings of the business. Twele Capital Management Inc. grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 0.5% in the 3rd quarter. Twele Capital Management Inc. now owns 40,249 shares of the company’s stock valued at $2,036,000 after buying an additional 200 shares in the last quarter. Foothills Asset Management Ltd. lifted its stake in Schwab Short-Term U.S. Treasury ETF by 0.4% in the third quarter. Foothills Asset Management Ltd. now owns 57,579 shares of the company’s stock valued at $2,913,000 after acquiring an additional 231 shares during the last quarter. Optimum Investment Advisors grew its position in Schwab Short-Term U.S. Treasury ETF by 2.3% in the fourth quarter. Optimum Investment Advisors now owns 10,600 shares of the company’s stock worth $535,000 after acquiring an additional 235 shares in the last quarter. Taylor Cottrill Erickson & Associates Inc. grew its position in Schwab Short-Term U.S. Treasury ETF by 1.8% in the third quarter. Taylor Cottrill Erickson & Associates Inc. now owns 15,448 shares of the company’s stock worth $782,000 after acquiring an additional 269 shares in the last quarter. Finally, Pinnacle Bank increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 20.9% during the 4th quarter. Pinnacle Bank now owns 1,644 shares of the company’s stock worth $83,000 after purchasing an additional 284 shares during the last quarter.

Shares of Schwab Short-Term U.S. Treasury ETF stock traded up $0.04 during midday trading on Monday, reaching $50.65. 587,692 shares of the company’s stock traded hands, compared to its average volume of 1,182,043. The company’s 50 day simple moving average is $50.55 and its 200 day simple moving average is $50.56. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $49.81 and a 52 week high of $50.78.

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 7th. Investors of record on Tuesday, February 4th were paid a $0.0898 dividend. This represents a $1.08 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from Schwab Short-Term U.S. Treasury ETF’s previous monthly dividend of $0.08.

See Also: Relative Strength Index

Want to see what other hedge funds are holding SCHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO).

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

Receive News & Ratings for Schwab Short-Term U.S. Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Short-Term U.S. Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.