Short Interest in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Drops By 28.2%

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) was the recipient of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 1,074,607 shares, a decrease of 28.2% from the February 12th total of 1,496,608 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 2,401,573 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 2,401,573 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

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

A number of hedge funds have recently modified their holdings of the stock. Venture Visionary Partners LLC raised its position in Schwab Intermediate-Term U.S. Treasury ETF by 0.9% during the third quarter. Venture Visionary Partners LLC now owns 45,897 shares of the company’s stock valued at $1,153,000 after acquiring an additional 417 shares in the last quarter. Empower Advisory Group LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 2.1% during the 2nd quarter. Empower Advisory Group LLC now owns 21,700 shares of the company’s stock worth $543,000 after purchasing an additional 436 shares during the period. Captrust Financial Advisors increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.3% during the 2nd quarter. Captrust Financial Advisors now owns 34,454 shares of the company’s stock valued at $862,000 after purchasing an additional 438 shares in the last quarter. Note Advisors LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.1% in the 3rd quarter. Note Advisors LLC now owns 14,968 shares of the company’s stock valued at $376,000 after purchasing an additional 450 shares during the period. Finally, Integrity Advisory Solutions LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% during the fourth quarter. Integrity Advisory Solutions LLC now owns 10,383 shares of the company’s stock worth $260,000 after buying an additional 459 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.0%

NYSEARCA SCHR traded down $0.01 on Friday, reaching $24.94. 2,337,482 shares of the company’s stock traded hands, compared to its average volume of 2,498,663. The stock has a 50 day moving average price of $25.11 and a 200-day moving average price of $25.15. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.46 and a fifty-two week high of $25.42.

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

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

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.