Stratos Wealth Advisors LLC Sells 39,481 Shares of Schwab Short-Term U.S. Treasury ETF $SCHO

Stratos Wealth Advisors LLC reduced its stake in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOFree Report) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 666,641 shares of the company’s stock after selling 39,481 shares during the quarter. Schwab Short-Term U.S. Treasury ETF accounts for approximately 0.8% of Stratos Wealth Advisors LLC’s holdings, making the stock its 24th biggest position. Stratos Wealth Advisors LLC owned 0.14% of Schwab Short-Term U.S. Treasury ETF worth $16,246,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Smartleaf Asset Management LLC increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 235.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock worth $25,000 after purchasing an additional 718 shares during the period. Dorato Capital Management bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $26,000. Lowe Brockenbrough & Co. Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the third quarter worth about $30,000. Measured Wealth Private Client Group LLC acquired a new stake in Schwab Short-Term U.S. Treasury ETF during the third quarter worth about $41,000. Finally, Smithfield Trust Co bought a new position in Schwab Short-Term U.S. Treasury ETF during the third quarter valued at about $49,000.

Schwab Short-Term U.S. Treasury ETF Stock Performance

Shares of SCHO opened at $24.21 on Friday. The stock’s 50-day moving average price is $24.33 and its 200 day moving average price is $24.36. Schwab Short-Term U.S. Treasury ETF has a 12-month low of $24.17 and a 12-month high of $24.47.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were given a dividend of $0.0707 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend 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.

Recommended Stories

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:SCHOFree Report).

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.