Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Stock Holdings Reduced by Spectrum Asset Management Inc. NB CA

Spectrum Asset Management Inc. NB CA cut its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 8.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,980 shares of the company’s stock after selling 650 shares during the period. Spectrum Asset Management Inc. NB CA’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $347,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Advisory Inc. lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 13,385,496 shares of the company’s stock valued at $712,778,000 after acquiring an additional 587,984 shares during the last quarter. Royal Bank of Canada increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 6.6% during the third quarter. Royal Bank of Canada now owns 10,320,133 shares of the company’s stock worth $494,747,000 after buying an additional 640,943 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 5.3% during the third quarter. JPMorgan Chase & Co. now owns 5,661,953 shares of the company’s stock valued at $271,434,000 after buying an additional 283,476 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 19.6% in the third quarter. Ameriprise Financial Inc. now owns 3,557,752 shares of the company’s stock worth $170,574,000 after buying an additional 581,860 shares during the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.5% during the 3rd quarter. Stifel Financial Corp now owns 2,939,192 shares of the company’s stock valued at $140,906,000 after acquiring an additional 153,965 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.5 %

SCHR traded down $0.24 on Friday, hitting $48.51. The company had a trading volume of 777,403 shares, compared to its average volume of 1,029,476. The company’s fifty day moving average price is $48.99 and its 200 day moving average price is $48.70. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $47.03 and a 1-year high of $51.22.

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

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.1526 per share. This is an increase from Schwab Intermediate-Term U.S. Treasury ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, April 1st.

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.