Flow Traders U.S. LLC Makes New $3.94 Million Investment in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Flow Traders U.S. LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the 3rd quarter, HoldingsChannel reports. The fund acquired 156,904 shares of the company’s stock, valued at approximately $3,943,000.

A number of other institutional investors have also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 1.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 221,741,946 shares of the company’s stock worth $5,550,201,000 after buying an additional 2,372,455 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 11.9% in the third quarter. Ameriprise Financial Inc. now owns 13,681,648 shares of the company’s stock worth $343,724,000 after acquiring an additional 1,449,980 shares in the last quarter. JPMorgan Chase & Co. grew its stake 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 acquiring an additional 241,925 shares in the last quarter. Bank of America Corp DE increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 10.4% during the third quarter. Bank of America Corp DE now owns 4,153,770 shares of the company’s stock worth $104,384,000 after acquiring an additional 390,772 shares during the period. Finally, Cornerstone Wealth Advisors Inc. increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.4% during the third quarter. Cornerstone Wealth Advisors Inc. now owns 3,656,393 shares of the company’s stock worth $91,885,000 after acquiring an additional 185,752 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.3%

Shares of NYSEARCA SCHR opened at $25.01 on Tuesday. The business’s fifty day simple moving average is $25.11 and its 200-day simple moving average is $25.14. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.46 and a 12-month high of $25.42.

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

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were given a $0.0746 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a 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.