Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Shares Purchased by Summit Financial LLC

Summit Financial LLC increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 114.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 326,363 shares of the company’s stock after buying an additional 174,154 shares during the period. Summit Financial LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $7,927,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. MCF Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 100.4% in the 4th quarter. MCF Advisors LLC now owns 1,066 shares of the company’s stock valued at $26,000 after purchasing an additional 534 shares in the last quarter. Townsend Asset Management Corp NC ADV raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% in the 4th quarter. Townsend Asset Management Corp NC ADV now owns 1,318 shares of the company’s stock valued at $32,000 after purchasing an additional 659 shares during the last quarter. Harbour Investments Inc. lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 93.6% in the 4th quarter. Harbour Investments Inc. now owns 1,632 shares of the company’s stock valued at $40,000 after purchasing an additional 789 shares in the last quarter. Richard W. Paul & Associates LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% during the 4th quarter. Richard W. Paul & Associates LLC now owns 1,720 shares of the company’s stock worth $42,000 after purchasing an additional 860 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.5% during the third quarter. Integrated Wealth Concepts LLC now owns 20,898 shares of the company’s stock worth $1,057,000 after buying an additional 1,083 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.6 %

Shares of NYSEARCA SCHR opened at $24.81 on Monday. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $23.89 and a 52 week high of $25.47. The firm has a 50-day simple moving average of $24.53 and a 200-day simple moving average of $24.61.

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.