Galvin Gaustad & Stein LLC Buys 40,365 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Galvin Gaustad & Stein LLC lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 4.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,037,065 shares of the company’s stock after acquiring an additional 40,365 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up 2.2% of Galvin Gaustad & Stein LLC’s portfolio, making the stock its 8th largest holding. Galvin Gaustad & Stein LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $25,958,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Charles Schwab Investment Management Inc. grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 219,369,491 shares of the company’s stock worth $5,453,526,000 after acquiring an additional 2,171,605 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 16.5% in the first quarter. Royal Bank of Canada now owns 18,570,658 shares of the company’s stock worth $461,667,000 after acquiring an additional 2,633,732 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.4% in the first quarter. Ameriprise Financial Inc. now owns 13,106,916 shares of the company’s stock worth $325,846,000 after acquiring an additional 431,781 shares during the last quarter. Cornerstone Wealth Advisors Inc. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 1.4% in the second quarter. Cornerstone Wealth Advisors Inc. now owns 3,470,641 shares of the company’s stock worth $86,870,000 after purchasing an additional 48,995 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 52.5% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 3,256,103 shares of the company’s stock worth $81,500,000 after purchasing an additional 1,120,524 shares during the period.

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

Shares of SCHR stock opened at $25.07 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $24.04 and a one year high of $25.32. The stock has a fifty day moving average price of $25.08 and a 200 day moving average price of $24.89.

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.