245,140 Shares in Schwab Intermediate-Term U.S. Treasury ETF $SCHR Acquired by Dock Street Asset Management Inc.

Dock Street Asset Management Inc. purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 245,140 shares of the company’s stock, valued at approximately $6,148,000. Schwab Intermediate-Term U.S. Treasury ETF accounts for 0.6% of Dock Street Asset Management Inc.’s portfolio, making the stock its 25th biggest holding. Dock Street Asset Management Inc. owned about 0.05% of Schwab Intermediate-Term U.S. Treasury ETF at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Aventura Private Wealth LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 4th quarter worth about $25,000. Asset Dedication LLC bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $26,000. Wealth Watch Advisors INC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth about $28,000. GeoWealth Management LLC grew 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. Finally, Triumph Capital Management bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at about $34,000.

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

Shares of NYSEARCA SCHR opened at $24.91 on Wednesday. The stock’s 50 day moving average price is $25.06 and its two-hundred day moving average price is $25.12. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $24.46 and a 52-week high of $25.42.

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

The company also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were issued 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.