Marshall Financial Group LLC Acquires 36,267 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Marshall Financial Group LLC lifted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 6.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 634,381 shares of the company’s stock after purchasing an additional 36,267 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF accounts for about 3.1% of Marshall Financial Group LLC’s portfolio, making the stock its 6th biggest position. Marshall Financial Group LLC owned 0.13% of Schwab Intermediate-Term U.S. Treasury ETF worth $15,910,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SCHR. Charles Schwab Investment Management Inc. increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 1.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 221,741,946 shares of the company’s stock worth $5,550,201,000 after purchasing an additional 2,372,455 shares in the last quarter. Cerity Partners LLC grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 9,015.7% during the 2nd 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. increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 11.9% in 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. increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 44.9% in 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 lifted its position in shares of 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 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

Shares of NYSEARCA SCHR opened at $24.79 on Monday. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.46 and a 12-month high of $25.42. The company’s fifty 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 business also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.0746 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

About Schwab Intermediate-Term U.S. Treasury ETF

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.