Ransom Advisory Ltd Takes $903,000 Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Ransom Advisory Ltd purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 36,000 shares of the company’s stock, valued at approximately $903,000.

Several other institutional investors have also added to or reduced their stakes in SCHR. Charles Schwab Investment Management Inc. grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 1.1% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 221,741,946 shares of the company’s stock valued at $5,550,201,000 after buying an additional 2,372,455 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 11.9% during the third quarter. Ameriprise Financial Inc. now owns 13,681,648 shares of the company’s stock worth $343,724,000 after buying an additional 1,449,980 shares in the last quarter. JPMorgan Chase & Co. boosted its position 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 valued at $123,055,000 after acquiring an additional 241,925 shares during the period. Bank of America Corp DE boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 10.4% in the third quarter. Bank of America Corp DE now owns 4,153,770 shares of the company’s stock valued at $104,384,000 after acquiring an additional 390,772 shares during the period. Finally, Cornerstone Wealth Advisors Inc. grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.4% in the third quarter. Cornerstone Wealth Advisors Inc. now owns 3,656,393 shares of the company’s stock valued at $91,885,000 after acquiring an additional 185,752 shares in the last quarter.

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

NYSEARCA:SCHR opened at $24.95 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $24.46 and a 52 week high of $25.42. The firm’s 50-day simple moving average is $25.10 and its 200 day simple moving average is $25.14.

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

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

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.