Schwab Intermediate-Term U.S. Treasury ETF Stock Set to Split on Friday, October 11th (NYSEARCA:SCHR)

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)’s stock is scheduled to split on Friday, October 11th. The 2-1 split was announced on Wednesday, September 25th. The newly minted shares will be payable to shareholders after the market closes on Thursday, October 10th.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.8 %

Shares of NYSEARCA SCHR opened at $49.92 on Monday. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $47.03 and a 12-month high of $50.93. The business’s fifty day simple moving average is $50.35 and its 200-day simple moving average is $49.22.

Hedge Funds Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

Several hedge funds have recently made changes to their positions in SCHR. Sound Income Strategies LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 76,400.0% during the first quarter. Sound Income Strategies LLC now owns 765 shares of the company’s stock worth $38,000 after purchasing an additional 764 shares during the last quarter. Aptus Capital Advisors LLC increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 434.8% during the 2nd quarter. Aptus Capital Advisors LLC now owns 1,305 shares of the company’s stock worth $64,000 after purchasing an additional 1,061 shares during the period. Pineridge Advisors LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 1st quarter worth approximately $66,000. BOK Financial Private Wealth Inc. acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 1st quarter worth approximately $71,000. Finally, 1620 Investment Advisors Inc. acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter worth approximately $91,000.

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.