Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC lowered its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 32.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,160 shares of the company’s stock after selling 23,420 shares during the quarter. Tortoise Investment Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $1,233,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Clearstead Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 8.2% in the third quarter. Clearstead Advisors LLC now owns 1,714,017 shares of the company’s stock worth $43,073,000 after acquiring an additional 130,244 shares during the period. Avidian Wealth Enterprises LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.9% in the third quarter. Avidian Wealth Enterprises LLC now owns 2,051,937 shares of the company’s stock worth $51,565,000 after acquiring an additional 77,125 shares during the period. Belpointe Asset Management LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 162.4% during the third quarter. Belpointe Asset Management LLC now owns 48,033 shares of the company’s stock valued at $1,207,000 after buying an additional 29,728 shares during the period. Savvy Advisors Inc. grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 24.6% during the fourth quarter. Savvy Advisors Inc. now owns 166,952 shares of the company’s stock valued at $4,187,000 after buying an additional 32,987 shares during the period. Finally, Inspire Advisors LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 14.6% during the third quarter. Inspire Advisors LLC now owns 213,789 shares of the company’s stock valued at $5,373,000 after buying an additional 27,246 shares during the period.

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

SCHR stock opened at $24.52 on Tuesday. The firm’s fifty day moving average is $24.86 and its 200 day moving average is $25.04. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $24.49 and a one year high of $25.42.

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.