Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Shares Sold by Absolute Capital Management LLC

Absolute Capital Management LLC decreased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 46.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 6,440 shares of the company’s stock after selling 5,580 shares during the period. Absolute Capital Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $320,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Meritage Portfolio Management lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 29.6% during the 4th quarter. Meritage Portfolio Management now owns 52,490 shares of the company’s stock worth $2,610,000 after acquiring an additional 11,988 shares in the last quarter. Atria Wealth Solutions Inc. increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 42.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 24,167 shares of the company’s stock worth $1,202,000 after purchasing an additional 7,216 shares during the period. Northwest Capital Management Inc increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 28.7% during the 4th quarter. Northwest Capital Management Inc now owns 772,461 shares of the company’s stock worth $38,407,000 after purchasing an additional 172,431 shares during the period. CWM LLC increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 28.9% during the 4th quarter. CWM LLC now owns 766,701 shares of the company’s stock worth $38,120,000 after purchasing an additional 171,936 shares during the period. Finally, Kathleen S. Wright Associates Inc. increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 38.7% during the 4th quarter. Kathleen S. Wright Associates Inc. now owns 38,536 shares of the company’s stock worth $1,916,000 after purchasing an additional 10,753 shares during the period.

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

Shares of NYSEARCA SCHR opened at $47.92 on Friday. The stock’s 50-day moving average is $48.64 and its two-hundred day moving average is $48.73. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $47.03 and a 1-year high of $51.22.

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.