104,229 Shares in Schwab Intermediate-Term U.S. Treasury ETF $SCHR Acquired by Empirical Asset Management LLC

Empirical Asset Management LLC bought a new position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 104,229 shares of the company’s stock, valued at approximately $2,619,000.

Other hedge funds have also added to or reduced their stakes in the company. United Community Bank purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth $40,000. Pin Oak Investment Advisors Inc. bought a new position in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter valued at about $62,000. Geneos Wealth Management Inc. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 414.5% in the first 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 purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth about $68,000. Finally, PFS Partners LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at about $74,000.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.0%

NYSEARCA SCHR opened at $25.30 on Wednesday. The company has a 50-day moving average price of $25.10 and a 200-day moving average price of $25.13. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $24.46 and a 52 week high of $25.35.

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

The firm also recently declared a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were given a $0.0876 dividend. The ex-dividend date was Monday, February 2nd. This is a boost 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%.

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.