Schwab Short-Term U.S. Treasury ETF (SCHO) Stake Lessened by Financial & Investment Management Group Ltd.

Financial & Investment Management Group Ltd. lessened its holdings in shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 272,960 shares of the company’s stock after selling 13,332 shares during the quarter. Schwab Short-Term U.S. Treasury ETF comprises 4.5% of Financial & Investment Management Group Ltd.’s investment portfolio, making the stock its 2nd largest position. Financial & Investment Management Group Ltd. owned about 0.46% of Schwab Short-Term U.S. Treasury ETF worth $13,531,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 1.7% during the 2nd quarter. Bank of America Corp DE now owns 3,295,866 shares of the company’s stock valued at $163,937,000 after buying an additional 55,060 shares in the last quarter. IndexIQ Advisors LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 216.4% during the 2nd quarter. IndexIQ Advisors LLC now owns 2,072,701 shares of the company’s stock valued at $103,096,000 after buying an additional 1,417,539 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 9.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 410,482 shares of the company’s stock valued at $20,378,000 after buying an additional 36,407 shares in the last quarter. Eqis Capital Management Inc. raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 5.1% during the 2nd quarter. Eqis Capital Management Inc. now owns 377,385 shares of the company’s stock valued at $18,771,000 after buying an additional 18,161 shares in the last quarter. Finally, Columbus Macro LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 43.0% during the 3rd quarter. Columbus Macro LLC now owns 365,783 shares of the company’s stock valued at $18,132,000 after buying an additional 109,936 shares in the last quarter.

Shares of NYSEARCA SCHO traded up $0.02 during trading hours on Thursday, reaching $49.51. 1,386 shares of the stock traded hands, compared to its average volume of 413,921. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $49.43 and a 52-week high of $50.35.

The company also recently disclosed a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were issued a dividend of $0.0744 per share. The ex-dividend date of this dividend was Monday, October 1st. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.80%.

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

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