Foundation Wealth Management LLC PA Has $10.61 Million Stock Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Foundation Wealth Management LLC PA grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 21.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 423,222 shares of the company’s stock after buying an additional 76,030 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF makes up about 3.9% of Foundation Wealth Management LLC PA’s investment portfolio, making the stock its 9th largest holding. Foundation Wealth Management LLC PA owned approximately 0.09% of Schwab Intermediate-Term U.S. Treasury ETF worth $10,614,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SCHR. Goldman Sachs Group Inc. purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the first quarter worth $1,469,000. Jane Street Group LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 1,697.2% in the 1st quarter. Jane Street Group LLC now owns 158,279 shares of the company’s stock worth $3,935,000 after purchasing an additional 149,472 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 414.5% in the 1st 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 in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter worth about $269,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter worth about $292,000.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.4%

Shares of SCHR opened at $24.86 on Tuesday. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $24.46 and a 1-year high of $25.42. The firm’s 50-day moving average price is $25.07 and its 200-day moving average price is $25.12.

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

The company also recently announced a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were paid a $0.0746 dividend. This represents a c) dividend on an annualized basis and a dividend 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.