Wealthcare Advisory Partners LLC Takes $1.08 Million Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Wealthcare Advisory Partners LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 43,144 shares of the company’s stock, valued at approximately $1,082,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cerity Partners LLC increased its stake in shares of 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. lifted its stake in 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 during the last quarter. Envestnet Asset Management Inc. lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 44.9% in the third quarter. Envestnet Asset Management Inc. now owns 3,636,388 shares of the company’s stock worth $91,382,000 after acquiring an additional 1,126,405 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 58.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 2,749,387 shares of the company’s stock worth $69,092,000 after acquiring an additional 1,008,799 shares in the last quarter. Finally, Tidal Investments LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at approximately $12,525,000.

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

Shares of SCHR opened at $24.91 on Wednesday. The firm’s fifty day simple moving average is $25.06 and its 200-day simple moving average is $25.12. Schwab Intermediate-Term U.S. Treasury ETF has a twelve month low of $24.46 and a twelve month high of $25.42.

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

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