Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Purchased by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 2.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 3,762,996 shares of the company’s stock after acquiring an additional 106,603 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF comprises about 21.9% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its biggest holding. Cornerstone Wealth Advisors Inc. owned approximately 0.77% of Schwab Intermediate-Term U.S. Treasury ETF worth $94,376,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Clearstead Advisors LLC raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 8.2% in the 3rd quarter. Clearstead Advisors LLC now owns 1,714,017 shares of the company’s stock valued at $43,073,000 after acquiring an additional 130,244 shares in the last quarter. Avidian Wealth Enterprises LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.9% during the third quarter. Avidian Wealth Enterprises LLC now owns 2,051,937 shares of the company’s stock worth $51,565,000 after purchasing an additional 77,125 shares in the last quarter. Belpointe Asset Management LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 162.4% in the third quarter. Belpointe Asset Management LLC now owns 48,033 shares of the company’s stock worth $1,207,000 after purchasing an additional 29,728 shares during the last quarter. Csenge Advisory Group boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 27.5% during the third quarter. Csenge Advisory Group now owns 114,406 shares of the company’s stock valued at $2,875,000 after buying an additional 24,702 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 82.0% during the third quarter. Commonwealth Equity Services LLC now owns 360,038 shares of the company’s stock valued at $9,048,000 after buying an additional 162,261 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.2%

Shares of NYSEARCA:SCHR opened at $24.76 on Friday. The stock’s 50-day moving average price is $25.07 and its 200-day moving average price is $25.13. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.46 and a 12-month high of $25.42.

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

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

Schwab Intermediate-Term U.S. Treasury ETF Company 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.