Maridea Wealth Management LLC Takes Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Maridea Wealth Management LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 192,460 shares of the company’s stock, valued at approximately $4,869,000. Schwab Intermediate-Term U.S. Treasury ETF makes up 0.8% of Maridea Wealth Management LLC’s investment portfolio, making the stock its 27th largest holding.

A number of other large investors also recently modified their holdings of the company. United Community Bank purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $40,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter worth $62,000. Geneos Wealth Management Inc. lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 414.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,696 shares of the company’s stock valued at $67,000 after acquiring an additional 2,172 shares during the period. Crews Bank & Trust purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $68,000. Finally, PFS Partners LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at $74,000.

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

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $25.26 on Wednesday. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.32 and a fifty-two week high of $25.35. The business’s fifty day moving average is $25.09 and its two-hundred day moving average is $25.12.

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

The business also recently declared a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were given a dividend of $0.0876 per share. The ex-dividend date of this dividend was 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 dividend yield of 4.2%.

Schwab Intermediate-Term U.S. Treasury ETF 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.