Empirical Financial Services LLC d.b.a. Empirical Wealth Management Cuts Holdings in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lowered its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 52.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,302 shares of the company’s stock after selling 24,749 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $559,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in SCHR. Aventura Private Wealth LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter worth about $25,000. Asset Dedication LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at approximately $26,000. Wealth Watch Advisors INC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth approximately $28,000. GeoWealth Management LLC lifted its stake in 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 acquiring an additional 1,038 shares during the last quarter. Finally, Triumph Capital Management purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth approximately $34,000.

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

NYSEARCA SCHR opened at $24.85 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $24.46 and a 52 week high of $25.42. The firm has a 50 day moving average of $25.05 and a two-hundred day moving average of $25.11.

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

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

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.