Ameriprise Financial Inc. Has $343.72 Million Stock Holdings in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Ameriprise Financial Inc. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 11.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 13,681,648 shares of the company’s stock after purchasing an additional 1,449,980 shares during the quarter. Ameriprise Financial Inc. owned 2.79% of Schwab Intermediate-Term U.S. Treasury ETF worth $343,724,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Wealth Watch Advisors INC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth approximately $28,000. GeoWealth Management LLC boosted 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 purchasing an additional 1,038 shares in the last quarter. United Community Bank bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $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 worth $62,000. Finally, Geneos Wealth Management Inc. increased its stake in shares of 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 valued at $67,000 after buying an additional 2,172 shares in the last quarter.

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

Schwab Intermediate-Term U.S. Treasury ETF stock opened at $25.01 on Tuesday. The stock has a 50-day simple moving average of $25.11 and a 200 day simple moving average of $25.14. 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 announced a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were paid a $0.0746 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.