The Schwab Bond ETFs provide single-investment exposure to three types of U.S. Treasuries – short-term, intermediate-term, and inflation-protected securities. The three new ETFs are the Schwab U.S. TIPS ETF (SCHP), Schwab Short-Term U.S. Treasury ETF (SCHO), and Schwab Intermediate-Term U.S. Treasury ETF (SCHR).
According to the announcement, Schwab Bond ETFs may be appropriate for investors who seek to add exposure to core fixed-income holdings in a diversified portfolio and can be purchased in increments as small as one share per trade.They are listed on NYSE Arca, and can also be traded on other exchanges.Commission-free online trading of Schwab ETFs is available to individual investors at Schwab, to the more than 6,000 independent investment adviser firms who use Schwab’s custodial services through Schwab Advisor Services, and through Schwab retirement accounts that permit trading of ETFs.
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