Savvy Advisors Inc. Acquires 68,229 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Savvy Advisors Inc. grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 103.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,965 shares of the company’s stock after buying an additional 68,229 shares during the quarter. Savvy Advisors Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $3,367,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SCHR. Venture Visionary Partners LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.9% in the third quarter. Venture Visionary Partners LLC now owns 45,897 shares of the company’s stock valued at $1,153,000 after acquiring an additional 417 shares during the last quarter. Empower Advisory Group LLC raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 2.1% during the 2nd quarter. Empower Advisory Group LLC now owns 21,700 shares of the company’s stock worth $543,000 after purchasing an additional 436 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.3% during the 2nd quarter. Captrust Financial Advisors now owns 34,454 shares of the company’s stock worth $862,000 after purchasing an additional 438 shares in the last quarter. NFP Retirement Inc. boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.2% in the 2nd quarter. NFP Retirement Inc. now owns 39,971 shares of the company’s stock valued at $1,000,000 after buying an additional 463 shares during the last quarter. Finally, First County Bank CT grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.9% in the third quarter. First County Bank CT now owns 12,661 shares of the company’s stock valued at $318,000 after buying an additional 591 shares in the last quarter.

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

Shares of SCHR opened at $25.09 on Thursday. The company’s fifty day simple moving average is $25.07 and its 200 day simple moving average is $25.11. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $24.19 and a 1-year high of $25.35.

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

The company also recently announced a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were issued a $0.0876 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Schwab Intermediate-Term U.S. Treasury ETF’s previous monthly dividend of $0.07.

Schwab Intermediate-Term U.S. Treasury ETF Company 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.