Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Hits New 12-Month High – Time to Buy?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) shares hit a new 52-week high on Friday . The company traded as high as $25.37 and last traded at $25.3950, with a volume of 4480 shares trading hands. The stock had previously closed at $25.32.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.3%

The business’s 50 day moving average price is $25.11 and its 200-day moving average price is $25.14.

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

The company also recently announced a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were issued a $0.0876 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Schwab Intermediate-Term U.S. Treasury ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 4.1%.

Institutional Investors Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in SCHR. Venture Visionary Partners LLC increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 0.9% during the 3rd quarter. Venture Visionary Partners LLC now owns 45,897 shares of the company’s stock worth $1,153,000 after purchasing an additional 417 shares during the period. Empower Advisory Group LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 2.1% during the second quarter. Empower Advisory Group LLC now owns 21,700 shares of the company’s stock worth $543,000 after acquiring an additional 436 shares during the period. Captrust Financial Advisors grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 1.3% during the second quarter. Captrust Financial Advisors now owns 34,454 shares of the company’s stock worth $862,000 after acquiring an additional 438 shares during the period. Note Advisors LLC raised its position in Schwab Intermediate-Term U.S. Treasury ETF by 3.1% in the third quarter. Note Advisors LLC now owns 14,968 shares of the company’s stock worth $376,000 after acquiring an additional 450 shares in the last quarter. Finally, Integrity Advisory Solutions LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% in the fourth quarter. Integrity Advisory Solutions LLC now owns 10,383 shares of the company’s stock valued at $260,000 after acquiring an additional 459 shares during the period.

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.