Exchange Traded Concepts LLC Grows Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Exchange Traded Concepts LLC raised its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 46.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,029,634 shares of the company’s stock after purchasing an additional 1,280,247 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up 0.8% of Exchange Traded Concepts LLC’s portfolio, making the stock its 18th biggest position. Exchange Traded Concepts LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $101,063,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Aventura Private Wealth LLC bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter valued at approximately $25,000. Asset Dedication LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth approximately $26,000. Wealth Watch Advisors INC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth approximately $28,000. GeoWealth Management LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% during the 3rd quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock worth $34,000 after acquiring an additional 1,038 shares during the last quarter. Finally, Triumph Capital Management purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at $34,000.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.2%

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.76 on Friday. The stock’s fifty day moving average is $25.07 and its two-hundred day moving average is $25.13. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $24.46 and a 52 week high of $25.42.

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

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