Schwab Intermediate-Term U.S. Treasury ETF $SCHR Stock Position Lifted by SWS Partners

SWS Partners grew its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 3.5% in the 4th quarter, Holdings Channel reports. The firm owned 646,305 shares of the company’s stock after purchasing an additional 21,743 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up about 3.0% of SWS Partners’ portfolio, making the stock its 6th biggest position. SWS Partners’ holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $16,209,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Clearstead Advisors LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 8.2% during the 3rd quarter. Clearstead Advisors LLC now owns 1,714,017 shares of the company’s stock worth $43,073,000 after acquiring an additional 130,244 shares during the period. Avidian Wealth Enterprises LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.9% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 2,051,937 shares of the company’s stock valued at $51,565,000 after purchasing an additional 77,125 shares during the period. Belpointe Asset Management LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 162.4% in the 3rd quarter. Belpointe Asset Management LLC now owns 48,033 shares of the company’s stock valued at $1,207,000 after purchasing an additional 29,728 shares during the period. Csenge Advisory Group boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 27.5% during the third quarter. Csenge Advisory Group now owns 114,406 shares of the company’s stock valued at $2,875,000 after purchasing an additional 24,702 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 82.0% during the third quarter. Commonwealth Equity Services LLC now owns 360,038 shares of the company’s stock valued at $9,048,000 after purchasing an additional 162,261 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Price Performance

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.81 on Thursday. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.46 and a 12 month high of $25.42. The business has a fifty day simple moving average of $25.06 and a two-hundred day simple moving average of $25.12.

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

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were paid a $0.0746 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, March 2nd.

About Schwab Intermediate-Term U.S. Treasury ETF

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.