Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Position Lessened by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC reduced its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 40.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,601 shares of the company’s stock after selling 132,045 shares during the quarter. Lake Street Advisors Group LLC owned about 0.12% of Schwab Intermediate-Term U.S. Treasury ETF worth $9,491,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in SCHR. Lincoln National Corp grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 7.0% during the fourth quarter. Lincoln National Corp now owns 21,244 shares of the company’s stock worth $1,056,000 after acquiring an additional 1,386 shares during the last quarter. Concourse Financial Group Securities Inc. increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 166.8% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 31,429 shares of the company’s stock valued at $1,563,000 after purchasing an additional 19,650 shares during the period. Principal Securities Inc. bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter valued at approximately $920,000. Invst LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter worth approximately $236,000. Finally, One Degree Advisors Inc bought a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 4th quarter worth approximately $6,470,000.

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

SCHR opened at $50.63 on Friday. The stock’s 50 day moving average price is $49.71 and its 200 day moving average price is $48.97. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $47.03 and a 12 month high of $50.79.

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.