Clearstead Advisors LLC Raises Holdings in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Clearstead Advisors LLC grew its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 8.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,714,017 shares of the company’s stock after buying an additional 130,244 shares during the quarter. Clearstead Advisors LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $43,073,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. United Community Bank acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at approximately $40,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter valued at $62,000. Geneos Wealth Management Inc. lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 414.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,696 shares of the company’s stock worth $67,000 after purchasing an additional 2,172 shares during the last quarter. Crews Bank & Trust acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $68,000. Finally, PFS Partners LLC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at $74,000.

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

Schwab Intermediate-Term U.S. Treasury ETF stock opened at $25.24 on Monday. The stock’s fifty day moving average is $25.09 and its two-hundred day moving average is $25.13. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $24.40 and a 1-year high of $25.35.

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

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

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.