Jones Financial Companies Lllp Acquires 128,171 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Jones Financial Companies Lllp increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 25.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 624,789 shares of the company’s stock after purchasing an additional 128,171 shares during the quarter. Jones Financial Companies Lllp owned 0.13% of Schwab Intermediate-Term U.S. Treasury ETF worth $15,663,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SCHR. Avidian Wealth Enterprises LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.9% in the third quarter. Avidian Wealth Enterprises LLC now owns 2,051,937 shares of the company’s stock worth $51,565,000 after purchasing an additional 77,125 shares during the last quarter. Belpointe Asset Management LLC lifted its holdings in 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 worth $1,207,000 after buying an additional 29,728 shares during the period. Csenge Advisory Group grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 27.5% in the 3rd quarter. Csenge Advisory Group now owns 114,406 shares of the company’s stock worth $2,875,000 after buying an additional 24,702 shares during the last quarter. Commonwealth Equity Services LLC increased its stake 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 buying an additional 162,261 shares during the period. Finally, Inspire Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 14.6% during the third quarter. Inspire Advisors LLC now owns 213,789 shares of the company’s stock valued at $5,373,000 after buying an additional 27,246 shares during the period.

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

Shares of SCHR stock opened at $24.96 on Thursday. The stock has a fifty day moving average of $25.09 and a 200 day moving average of $25.10. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $24.19 and a 52 week high of $25.35.

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

The business also recently announced a monthly dividend, which will be paid on Friday, February 6th. Stockholders of record on Monday, February 2nd will be given a $0.0876 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a positive change from Schwab Intermediate-Term U.S. Treasury ETF’s previous monthly dividend of $0.07.

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.