Suntrust Banks Inc. Invests $989,000 in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Stock

Suntrust Banks Inc. purchased a new position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,877 shares of the company’s stock, valued at approximately $989,000.

Other institutional investors have also recently made changes to their positions in the company. Pinnacle Advisory Group Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 3,568.9% in the 4th quarter. Pinnacle Advisory Group Inc. now owns 667,185 shares of the company’s stock worth $33,299,000 after acquiring an additional 649,000 shares during the last quarter. Visionary Asset Management Inc. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 2,123.8% in the 4th quarter. Visionary Asset Management Inc. now owns 708,116 shares of the company’s stock worth $35,342,000 after acquiring an additional 676,274 shares during the last quarter. RHS Financial LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth $743,000. LPL Financial LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 12.4% in the 3rd quarter. LPL Financial LLC now owns 18,361 shares of the company’s stock worth $910,000 after acquiring an additional 2,022 shares during the last quarter. Finally, Taylor Hoffman Wealth Management bought a new stake in Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth $81,000.

Schwab Short-Term U.S. Treasury ETF stock traded up $0.01 during trading hours on Friday, reaching $50.04. The stock had a trading volume of 637,531 shares, 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 company also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.103 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date was Monday, April 1st. This is a positive change from Schwab Short-Term U.S. Treasury ETF’s previous monthly dividend of $0.09.

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

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