Diversify Wealth Management LLC Buys 42,599 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Diversify Wealth Management LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 6.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 741,168 shares of the company’s stock after purchasing an additional 42,599 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up 1.1% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding. Diversify Wealth Management LLC owned approximately 0.15% of Schwab Intermediate-Term U.S. Treasury ETF worth $18,596,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHR. United Community Bank bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at approximately $40,000. Pin Oak Investment Advisors Inc. bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the second quarter valued at approximately $62,000. Geneos Wealth Management Inc. grew its stake 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 period. Crews Bank & Trust purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth $68,000. Finally, PFS Partners LLC bought a new position in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth $74,000.

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

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $25.32 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.46 and a 12 month high of $25.35. The business has a fifty day simple moving average of $25.11 and a two-hundred day simple moving average of $25.13.

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

The business also recently declared 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 of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend 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 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.