Maridea Wealth Management LLC Grows Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Maridea Wealth Management LLC raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 27.2% during the fourth quarter, HoldingsChannel reports. The firm owned 244,761 shares of the company’s stock after purchasing an additional 52,301 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF comprises 0.9% of Maridea Wealth Management LLC’s portfolio, making the stock its 21st largest holding. Maridea Wealth Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $6,139,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Charles Schwab Investment Management Inc. increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 1.1% during the second 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 during the period. Cerity Partners LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 9,015.7% during the second quarter. Cerity Partners LLC now owns 1,654,320 shares of the company’s stock worth $41,408,000 after buying an additional 1,636,172 shares during the period. Ameriprise Financial Inc. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 11.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,681,648 shares of the company’s stock valued at $343,724,000 after acquiring an additional 1,449,980 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 44.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,636,388 shares of the company’s stock valued at $91,382,000 after acquiring an additional 1,126,405 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 58.0% in the 3rd quarter. Exchange Traded Concepts LLC now owns 2,749,387 shares of the company’s stock valued at $69,092,000 after acquiring an additional 1,008,799 shares during the period.

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

SCHR opened at $24.79 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.46 and a 12 month high of $25.42. The stock has a fifty day moving average price of $25.10 and a 200-day moving average price of $25.14.

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

The business also recently announced a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were paid a $0.0746 dividend. This represents a c) annualized dividend and a 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.