Catalyst Investment Management LLC Acquires New Shares in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Catalyst Investment Management LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) during the third quarter, Holdings Channel reports. The institutional investor acquired 201,102 shares of the company’s stock, valued at approximately $4,766,000. Schwab Intermediate-Term U.S. Treasury ETF accounts for 4.2% of Catalyst Investment Management LLC’s portfolio, making the stock its 6th largest holding.

Several other institutional investors have also recently made changes to their positions in SCHR. Waverly Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 6.0% during the second quarter. Waverly Advisors LLC now owns 842,589 shares of the company’s stock worth $20,778,000 after purchasing an additional 47,684 shares in the last quarter. Tortoise Investment Management LLC raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 47.8% during the 2nd quarter. Tortoise Investment Management LLC now owns 95,958 shares of the company’s stock worth $2,366,000 after purchasing an additional 31,016 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 398.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 151,051 shares of the company’s stock worth $3,725,000 after purchasing an additional 120,720 shares during the last quarter. Leo H. Evart Inc. purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter valued at about $1,224,000. Finally, Noble Wealth Partners LLC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter valued at about $3,153,000.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.1%

SCHR stock opened at $23.84 on Thursday. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $23.57 and a 12-month high of $25.42. The business’s 50-day moving average is $24.03 and its 200 day moving average is $24.42.

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.