Galvin Gaustad & Stein LLC Buys 502,994 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Galvin Gaustad & Stein LLC lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 105.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 977,769 shares of the company’s stock after purchasing an additional 502,994 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF comprises about 2.1% of Galvin Gaustad & Stein LLC’s holdings, making the stock its 12th biggest position. Galvin Gaustad & Stein LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $23,750,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 29.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 107,666,399 shares of the company’s stock worth $5,447,920,000 after purchasing an additional 24,494,209 shares in the last quarter. Stifel Financial Corp grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 4.3% during the 3rd quarter. Stifel Financial Corp now owns 3,898,675 shares of the company’s stock valued at $197,274,000 after buying an additional 159,043 shares in the last quarter. Jane Street Group LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 2,032.8% during the 3rd quarter. Jane Street Group LLC now owns 2,049,343 shares of the company’s stock valued at $103,697,000 after buying an additional 1,953,258 shares in the last quarter. Crane Advisory LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 89.7% during the 4th quarter. Crane Advisory LLC now owns 1,860,248 shares of the company’s stock valued at $45,111,000 after buying an additional 879,854 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 64.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,741,580 shares of the company’s stock valued at $42,303,000 after buying an additional 680,584 shares in the last quarter.

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

NYSEARCA SCHR opened at $24.26 on Thursday. The business has a 50 day simple moving average of $24.39 and a two-hundred day simple moving average of $24.75. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $23.89 and a 1-year high of $25.47.

About Schwab Intermediate-Term U.S. Treasury ETF

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.