Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Sold by Assetmark Inc.

Assetmark Inc. trimmed its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 91.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 144,660 shares of the company’s stock after selling 1,459,499 shares during the period. Assetmark Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $3,635,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SCHR. United Community Bank acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth approximately $40,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter worth $62,000. Geneos Wealth Management Inc. boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 414.5% in the first quarter. Geneos Wealth Management Inc. now owns 2,696 shares of the company’s stock valued at $67,000 after acquiring an additional 2,172 shares during the last quarter. Crews Bank & Trust purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at about $68,000. Finally, PFS Partners LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth about $74,000.

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

Shares of NYSEARCA SCHR opened at $25.26 on Wednesday. The business has a 50 day moving average price of $25.09 and a two-hundred day moving average price of $25.12. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.32 and a fifty-two week high of $25.35.

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

The firm also recently declared a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were given a dividend of $0.0876 per share. This is a boost from Schwab Intermediate-Term U.S. Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.