Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Bought by Tran Capital Management L.P.

Tran Capital Management L.P. lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 474.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 111,105 shares of the company’s stock after purchasing an additional 91,780 shares during the quarter. Tran Capital Management L.P.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $2,787,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aventura Private Wealth LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the fourth quarter worth $25,000. Asset Dedication LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth approximately $26,000. Wealth Watch Advisors INC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth $28,000. Triumph Capital Management acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $34,000. Finally, GeoWealth Management LLC raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% in the 3rd quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock valued at $34,000 after acquiring an additional 1,038 shares in the last quarter.

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

NYSEARCA:SCHR opened at $24.85 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.46 and a 12 month high of $25.42. The company’s 50 day moving average is $25.05 and its 200-day moving average is $25.11.

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

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