Claro Advisors LLC Cuts Stake in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Claro Advisors LLC cut its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 35.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,284 shares of the company’s stock after selling 4,497 shares during the quarter. Claro Advisors LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $207,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Hoey Investments Inc. bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter valued at about $37,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF during the second quarter valued at approximately $44,000. Harbour Investments Inc. raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 54.9% in the first quarter. Harbour Investments Inc. now owns 2,528 shares of the company’s stock worth $63,000 after buying an additional 896 shares in the last quarter. Berkshire Money Management Inc. bought a new position in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter worth approximately $65,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 414.5% during the first quarter. Geneos Wealth Management Inc. now owns 2,696 shares of the company’s stock worth $67,000 after buying an additional 2,172 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.4%

Shares of NYSEARCA:SCHR opened at $25.14 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.04 and a 12-month high of $25.35. The business’s fifty day simple moving average is $25.18 and its 200-day simple moving average is $24.95.

Schwab Intermediate-Term U.S. Treasury ETF Profile

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.