Blake Schutter Theil Wealth Advisors LLC Has $8.85 Million Holdings in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Blake Schutter Theil Wealth Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 17.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 352,896 shares of the company’s stock after buying an additional 51,530 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF accounts for about 7.3% of Blake Schutter Theil Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Blake Schutter Theil Wealth Advisors LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $8,851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 11.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,681,648 shares of the company’s stock valued at $343,724,000 after acquiring an additional 1,449,980 shares during the period. JPMorgan Chase & Co. increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.2% in the third quarter. JPMorgan Chase & Co. now owns 4,896,742 shares of the company’s stock worth $123,055,000 after purchasing an additional 241,925 shares during the period. Bank of America Corp DE raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 10.4% in the third quarter. Bank of America Corp DE now owns 4,153,770 shares of the company’s stock valued at $104,384,000 after purchasing an additional 390,772 shares in the last quarter. Exchange Traded Concepts LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 46.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 4,029,634 shares of the company’s stock valued at $101,063,000 after purchasing an additional 1,280,247 shares in the last quarter. Finally, Cornerstone Wealth Advisors Inc. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 2.9% during the fourth quarter. Cornerstone Wealth Advisors Inc. now owns 3,762,996 shares of the company’s stock worth $94,376,000 after purchasing an additional 106,603 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.2%

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.85 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.46 and a 12-month high of $25.42. The firm’s 50-day moving average price is $25.06 and its two-hundred day moving average price is $25.12.

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

The company also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.0746 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend 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.