Oakwell Private Wealth Management LLC Buys 26,933 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Oakwell Private Wealth Management LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 7.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 375,927 shares of the company’s stock after buying an additional 26,933 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF comprises 1.9% of Oakwell Private Wealth Management LLC’s holdings, making the stock its 9th biggest position. Oakwell Private Wealth Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $9,447,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. United Community Bank acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at approximately $40,000. Pin Oak Investment Advisors Inc. bought a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter valued at $62,000. Geneos Wealth Management Inc. increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 414.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,696 shares of the company’s stock valued at $67,000 after purchasing an additional 2,172 shares during the period. Crews Bank & Trust acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at $68,000. Finally, PFS Partners LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth $74,000.

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

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $25.20 on Wednesday. The business has a fifty day simple moving average of $25.12 and a 200-day simple moving average of $25.14. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.46 and a fifty-two week high of $25.42.

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

The firm also recently disclosed a monthly dividend, which will be paid on Friday, March 6th. Stockholders of record on Monday, March 2nd will be paid a $0.0746 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

Schwab Intermediate-Term U.S. Treasury ETF Company 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.