Schwab Intermediate-Term U.S. Treasury ETF $SCHR Stock Position Lowered by Intelligence Driven Advisers LLC

Intelligence Driven Advisers LLC trimmed its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 7.3% during the first quarter, Holdings Channel.com reports. The fund owned 1,640,713 shares of the company’s stock after selling 128,253 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF accounts for 7.1% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 5th largest holding. Intelligence Driven Advisers LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $40,870,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHR. Hamilton Point Investment Advisors LLC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter valued at approximately $27,000. Wealth Watch Advisors INC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at about $28,000. NBT Bank N A NY boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% during the 1st quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock worth $34,000 after purchasing an additional 1,329 shares during the last quarter. GeoWealth Management LLC raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% in the third quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock valued at $34,000 after buying an additional 1,038 shares during the last quarter. Finally, Triumph Capital Management acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at approximately $34,000.

Schwab Intermediate-Term U.S. Treasury ETF Price Performance

Shares of SCHR opened at $24.40 on Monday. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.34 and a 1 year high of $25.42. The company’s 50 day simple moving average is $24.57 and its 200 day simple moving average is $24.84.

Schwab Intermediate-Term U.S. Treasury ETF Company 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.