JPMorgan Chase & Co. Purchases 241,925 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

JPMorgan Chase & Co. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRFree Report) by 5.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,896,742 shares of the company’s stock after acquiring an additional 241,925 shares during the quarter. JPMorgan Chase & Co.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $123,055,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. United Community Bank bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at approximately $40,000. Pin Oak Investment Advisors Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter valued at $62,000. Geneos Wealth Management Inc. raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 414.5% during the first quarter. Geneos Wealth Management Inc. now owns 2,696 shares of the company’s stock worth $67,000 after buying an additional 2,172 shares during the last quarter. Crews Bank & Trust acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $68,000. Finally, PFS Partners LLC bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at $74,000.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.1%

Shares of NYSEARCA SCHR opened at $25.24 on Monday. The company has a 50-day moving average price of $25.09 and a 200-day moving average price of $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 business also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.0876 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from Schwab Intermediate-Term U.S. Treasury ETF’s previous monthly dividend of $0.07.

Schwab Intermediate-Term U.S. Treasury ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SCHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRFree Report).

Institutional Ownership by Quarter for Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

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