Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Large Growth in Short Interest

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 1,496,608 shares, an increase of 237.5% from the January 29th total of 443,486 shares. Based on an average daily trading volume, of 2,317,320 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,317,320 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Clearstead Advisors LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 8.2% in the 3rd quarter. Clearstead Advisors LLC now owns 1,714,017 shares of the company’s stock worth $43,073,000 after purchasing an additional 130,244 shares during the period. Avidian Wealth Enterprises LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 3.9% during the third quarter. Avidian Wealth Enterprises LLC now owns 2,051,937 shares of the company’s stock valued at $51,565,000 after buying an additional 77,125 shares during the last quarter. Belpointe Asset Management LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 162.4% during the third quarter. Belpointe Asset Management LLC now owns 48,033 shares of the company’s stock valued at $1,207,000 after buying an additional 29,728 shares during the last quarter. Csenge Advisory Group grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 27.5% during the 3rd quarter. Csenge Advisory Group now owns 114,406 shares of the company’s stock valued at $2,875,000 after buying an additional 24,702 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 82.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 360,038 shares of the company’s stock worth $9,048,000 after acquiring an additional 162,261 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.1%

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock traded up $0.03 during trading on Thursday, hitting $25.31. The stock had a trading volume of 241,702 shares, compared to its average volume of 2,343,198. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.46 and a 12 month high of $25.35. The business’s 50-day moving average is $25.10 and its 200 day moving average is $25.13.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were issued a dividend of $0.0876 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. 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.