Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Purchased by Signet Financial Management LLC

Signet Financial Management LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 40.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 185,640 shares of the company’s stock after buying an additional 53,172 shares during the period. Signet Financial Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $4,656,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 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 valued at $5,550,201,000 after buying an additional 2,372,455 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 11.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,681,648 shares of the company’s stock worth $343,724,000 after acquiring an additional 1,449,980 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,896,742 shares of the company’s stock worth $123,055,000 after acquiring an additional 241,925 shares during the period. Bank of America Corp DE grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 10.4% in the 3rd quarter. Bank of America Corp DE now owns 4,153,770 shares of the company’s stock worth $104,384,000 after acquiring an additional 390,772 shares during the period. Finally, Cornerstone Wealth Advisors Inc. increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 5.4% in the 3rd quarter. Cornerstone Wealth Advisors Inc. now owns 3,656,393 shares of the company’s stock valued at $91,885,000 after purchasing an additional 185,752 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.6%

Shares of SCHR stock opened at $24.79 on Friday. The stock has a fifty day moving average price of $25.10 and a 200 day moving average price of $25.14. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.46 and a 1 year high of $25.42.

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

The company also recently declared 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) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

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.