The Schwab Bond ETFs provide exposure to three types of U.S. Treasuries – short-term, intermediate-term and inflation-protected securities.
“There is growing demand from investors, traders and advisors for ETFs at a low cost,” said Peter Crawford, senior vice president at Schwab. “Fixed Income ETFs are the fastest growing segment of the ETF market. We see tremendous potential for their continued growth.”
The three new Schwab 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).
Schwab had nearly 25% of total U.S. retail ETF assets as of year-end 2009, according to
Schwab Bond ETFs can be purchased in increments as small as one share per trade.
The Charles Schwab Corporation has more than 300 offices and 7.9 million client brokerage accounts, 1.5 million corporate retirement plan participants, 803,000 banking accounts, and $1.36 trillion in client assets.