Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Short Interest Update

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 1,221,624 shares, a growth of 30.6% from the December 31st total of 935,524 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 2,393,558 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 2,393,558 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

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

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.96 on Wednesday. The company’s fifty day simple moving average is $25.09 and its two-hundred day simple moving average is $25.10. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.19 and a 12-month high of $25.35.

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

The company also recently declared a monthly dividend, which will be paid on Friday, February 6th. Investors of record on Monday, February 2nd will be paid a $0.0876 dividend. The ex-dividend date of this dividend is 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 yield of 4.2%.

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

Hedge funds have recently added to or reduced their stakes in the stock. RB Capital Management LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 4th quarter worth about $244,000. Van Strum & Towne Inc. grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 186.3% in the fourth quarter. Van Strum & Towne Inc. now owns 24,765 shares of the company’s stock worth $621,000 after acquiring an additional 16,115 shares during the period. Koshinski Asset Management Inc. grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.2% in the fourth quarter. Koshinski Asset Management Inc. now owns 45,841 shares of the company’s stock worth $1,150,000 after acquiring an additional 1,431 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter valued at approximately $142,000. Finally, Diversify Wealth Management LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 12.2% during the fourth quarter. Diversify Wealth Management LLC now owns 831,357 shares of the company’s stock valued at $20,867,000 after purchasing an additional 90,189 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.