Empirical Asset Management LLC Buys New Shares in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Empirical Asset Management LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 104,229 shares of the company’s stock, valued at approximately $2,619,000.

Several other institutional investors have also recently made changes to their positions in SCHR. MAI Capital Management grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 8.8% during the 3rd quarter. MAI Capital Management now owns 6,078 shares of the company’s stock valued at $153,000 after acquiring an additional 492 shares during the period. Jacobson & Schmitt Advisors LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 1.1% during the third quarter. Jacobson & Schmitt Advisors LLC now owns 96,532 shares of the company’s stock valued at $2,426,000 after purchasing an additional 1,085 shares in the last quarter. Compound Planning Inc. lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 14.1% during the third quarter. Compound Planning Inc. now owns 111,185 shares of the company’s stock valued at $2,794,000 after purchasing an additional 13,759 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 156.5% in the third quarter. EverSource Wealth Advisors LLC now owns 42,680 shares of the company’s stock worth $1,073,000 after purchasing an additional 26,043 shares during the period. Finally, Clearstead Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 8.2% in the third quarter. Clearstead Advisors LLC now owns 1,714,017 shares of the company’s stock worth $43,073,000 after purchasing an additional 130,244 shares in the last quarter.

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

Shares of SCHR stock opened at $25.30 on Wednesday. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $24.46 and a one year high of $25.35. The company’s fifty day moving average price is $25.10 and its 200-day moving average price is $25.13.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were given a $0.0876 dividend. 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 dividend 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.