Savvy Advisors Inc. Purchases 32,987 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Savvy Advisors Inc. boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 24.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 166,952 shares of the company’s stock after acquiring an additional 32,987 shares during the period. Savvy Advisors Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $4,187,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Venture Visionary Partners LLC lifted its holdings in shares of 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 valued at $1,153,000 after purchasing an additional 417 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.3% in the 2nd quarter. Captrust Financial Advisors now owns 34,454 shares of the company’s stock worth $862,000 after purchasing an additional 438 shares in the last quarter. Note Advisors LLC grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 3.1% during the 3rd quarter. Note Advisors LLC now owns 14,968 shares of the company’s stock worth $376,000 after buying an additional 450 shares during the last quarter. MAI Capital Management increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 8.8% during the 3rd quarter. MAI Capital Management now owns 6,078 shares of the company’s stock valued at $153,000 after buying an additional 492 shares in the last quarter. Finally, Spire Wealth Management raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 0.5% in the fourth quarter. Spire Wealth Management now owns 104,560 shares of the company’s stock valued at $2,622,000 after buying an additional 505 shares during the last quarter.

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

Shares of NYSEARCA SCHR opened at $24.85 on Friday. The business has a 50-day simple moving average of $25.05 and a two-hundred day simple moving average of $25.11. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.46 and a fifty-two week high of $25.42.

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

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

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.