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

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) was the recipient of a significant growth in short interest during the month of 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. Based on an average daily volume of 2,393,558 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 2,393,558 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Schwab Intermediate-Term U.S. Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SCHR. Goldman Sachs Group Inc. purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the first quarter valued at approximately $1,469,000. Jane Street Group LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1,697.2% in the first quarter. Jane Street Group LLC now owns 158,279 shares of the company’s stock worth $3,935,000 after acquiring an additional 149,472 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in 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 worth $67,000 after purchasing an additional 2,172 shares during the period. DAVENPORT & Co LLC increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% in the 2nd quarter. DAVENPORT & Co LLC now owns 1,011,392 shares of the company’s stock valued at $25,315,000 after purchasing an additional 44,130 shares in the last quarter. Finally, Berkshire Money Management Inc. purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter valued at about $65,000.

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

Shares of SCHR traded down $0.13 during mid-day trading on Monday, reaching $24.94. The company had a trading volume of 3,603,454 shares, compared to its average volume of 2,476,792. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.19 and a fifty-two week high of $25.35. The firm has a fifty day simple moving average of $25.11 and a 200-day simple moving average of $25.10.

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. Shareholders of record on Monday, February 2nd will be given a dividend of $0.0876 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is a boost from Schwab Intermediate-Term U.S. Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Monday, February 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.