29,333 Shares in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 29,333 shares of the company’s stock, valued at approximately $1,464,000.

Other large investors also recently added to or reduced their stakes in the company. Financial Advocates Investment Management grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 91.6% during the 4th quarter. Financial Advocates Investment Management now owns 33,446 shares of the company’s stock valued at $1,669,000 after purchasing an additional 15,987 shares during the period. Princeton Global Asset Management LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at about $368,000. WealthTrust Fairport LLC bought a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at approximately $12,314,000. Millennium Management LLC bought a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at approximately $471,000. Finally, Nalls Sherbakoff Group LLC bought a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 4th quarter valued at approximately $58,000.

Shares of NYSEARCA:SCHO traded up $0.01 during mid-day trading on Friday, reaching $50.04. 637,531 shares of the company traded hands, compared to its average volume of 1,253,010. Schwab Short-Term U.S. Treasury ETF has a 52 week low of $49.42 and a 52 week high of $50.25.

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.103 per share. The ex-dividend date was Monday, April 1st. This is an increase from Schwab Short-Term U.S. Treasury ETF’s previous monthly dividend of $0.09. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.47%.

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

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