Diversify Advisory Services LLC Buys New Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Diversify Advisory Services LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the third quarter, Holdings Channel.com reports. The fund bought 145,968 shares of the company’s stock, valued at approximately $3,662,000.

Several other hedge funds have also recently added to or reduced their stakes in SCHR. United Community Bank acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth approximately $40,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the second quarter worth $62,000. Geneos Wealth Management Inc. increased its position in shares of 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 worth $67,000 after buying an additional 2,172 shares during the period. Crews Bank & Trust bought a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $68,000. Finally, PFS Partners LLC bought a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $74,000.

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

SCHR stock opened at $25.14 on Tuesday. The company’s fifty day simple moving average is $25.12 and its 200 day simple moving average is $25.15. 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 firm also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Stockholders 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) annualized dividend and a dividend yield of 3.6%.

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.