L.K. Benson & Company P.C. Has $3.98 Million Holdings in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

L.K. Benson & Company P.C. increased its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 27.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 158,267 shares of the company’s stock after purchasing an additional 33,826 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up 2.1% of L.K. Benson & Company P.C.’s holdings, making the stock its 11th largest position. L.K. Benson & Company P.C.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $3,977,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHR. United Community Bank bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at about $40,000. Pin Oak Investment Advisors Inc. acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter valued at approximately $62,000. Geneos Wealth Management Inc. lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 414.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,696 shares of the company’s stock valued at $67,000 after acquiring an additional 2,172 shares in the last quarter. Crews Bank & Trust acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth approximately $68,000. Finally, PFS Partners LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth approximately $74,000.

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

Shares of SCHR opened at $24.96 on Wednesday. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.19 and a 12 month high of $25.35. The firm has a fifty day simple moving average of $25.09 and a 200 day simple moving average of $25.10.

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

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

Schwab Intermediate-Term U.S. Treasury ETF Profile

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.