Schwab Intermediate-Term U.S. Treasury ETF $SCHR Stock Holdings Lifted by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 2.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,762,996 shares of the company’s stock after buying an additional 106,603 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF makes up about 21.9% of Cornerstone Wealth Advisors Inc.’s holdings, making the stock its biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $94,376,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Aventura Private Wealth LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 4th quarter worth $25,000. Asset Dedication LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $26,000. Wealth Watch Advisors INC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $28,000. Triumph Capital Management bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth about $34,000. Finally, GeoWealth Management LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% in the third quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock worth $34,000 after purchasing an additional 1,038 shares during the last quarter.

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

Shares of NYSEARCA:SCHR opened at $24.76 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.46 and a 1 year high of $25.42. The stock’s 50-day moving average is $25.07 and its 200 day moving average is $25.13.

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

The firm also recently announced a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were issued a dividend of $0.0746 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date 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.