Exchange Traded Concepts LLC Boosts Stock Holdings in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Exchange Traded Concepts LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 46.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,029,634 shares of the company’s stock after acquiring an additional 1,280,247 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up 0.8% of Exchange Traded Concepts LLC’s portfolio, making the stock its 18th largest holding. Exchange Traded Concepts LLC owned approximately 0.82% of Schwab Intermediate-Term U.S. Treasury ETF worth $101,063,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Goldman Sachs Group Inc. purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the first quarter worth about $1,469,000. Jane Street Group LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 1,697.2% during the first quarter. Jane Street Group LLC now owns 158,279 shares of the company’s stock valued at $3,935,000 after buying an additional 149,472 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 414.5% during the first quarter. Geneos Wealth Management Inc. now owns 2,696 shares of the company’s stock valued at $67,000 after buying an additional 2,172 shares during the last quarter. Global Retirement Partners LLC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter valued at approximately $269,000. Finally, J.W. Cole Advisors Inc. purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter valued at approximately $292,000.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.2%

NYSEARCA:SCHR opened at $24.76 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.46 and a 1 year high of $25.42. The stock’s 50 day simple moving average is $25.07 and its two-hundred day simple moving average is $25.13.

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

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a $0.0746 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, March 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.