Kaizen Financial Strategies Reduces Stock Holdings in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Kaizen Financial Strategies cut its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 28.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,319 shares of the company’s stock after selling 22,676 shares during the quarter. Kaizen Financial Strategies’ holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $1,335,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Successful Portfolios LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 0.9% during the 3rd quarter. Successful Portfolios LLC now owns 71,369 shares of the company’s stock valued at $1,687,000 after acquiring an additional 628 shares during the period. Chapin Davis Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $351,000. Avidian Wealth Enterprises LLC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth about $59,923,000. Mendota Financial Group LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 38.3% in the third quarter. Mendota Financial Group LLC now owns 159,275 shares of the company’s stock worth $3,775,000 after purchasing an additional 44,103 shares during the period. Finally, Beacon Wealthcare LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.8% during the third quarter. Beacon Wealthcare LLC now owns 1,449,762 shares of the company’s stock valued at $34,359,000 after purchasing an additional 12,140 shares in the last quarter.

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

Shares of SCHR stock traded down $0.03 during trading hours on Friday, hitting $23.71. 3,069,662 shares of the company’s stock traded hands, compared to its average volume of 2,919,250. The stock’s fifty day simple moving average is $24.14 and its two-hundred day simple moving average is $24.48. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $23.57 and a 12-month high of $25.42.

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.