Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Bought by AE Wealth Management LLC

AE Wealth Management LLC raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 340.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 70,030 shares of the company’s stock after buying an additional 54,137 shares during the period. AE Wealth Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $1,760,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Pin Oak Investment Advisors Inc. purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter valued at about $62,000. Berkshire Money Management Inc. acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter valued at $65,000. Geneos Wealth Management Inc. raised its holdings 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 during the last quarter. Crews Bank & Trust purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth $68,000. Finally, PFS Partners LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $74,000.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.5%

Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.94 on Tuesday. The stock has a fifty day moving average price of $25.10 and a 200 day moving average price 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 declared a monthly dividend, which will be paid on Friday, February 6th. Investors of record on Monday, February 2nd will be given a dividend of $0.0876 per share. This represents a c) annualized dividend and a yield of 4.2%. This is a positive change from Schwab Intermediate-Term U.S. Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Monday, February 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.