Schwab Intermediate-Term U.S. Treasury ETF $SCHR Stock Acquired by Foundation Wealth Management LLC PA

Foundation Wealth Management LLC PA boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 15.2% in the 3rd quarter, Holdings Channel reports. The firm owned 557,833 shares of the company’s stock after acquiring an additional 73,698 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF accounts for approximately 4.5% of Foundation Wealth Management LLC PA’s portfolio, making the stock its 7th largest position. Foundation Wealth Management LLC PA’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $13,221,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Waverly Advisors LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 6.0% in the 2nd quarter. Waverly Advisors LLC now owns 842,589 shares of the company’s stock worth $20,778,000 after acquiring an additional 47,684 shares during the last quarter. Leo H. Evart Inc. bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter valued at about $1,224,000. Noble Wealth Partners LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter valued at about $3,153,000. Tortoise Investment Management LLC boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 47.8% during the 2nd quarter. Tortoise Investment Management LLC now owns 95,958 shares of the company’s stock valued at $2,366,000 after acquiring an additional 31,016 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 194.2% during the second quarter. Sequoia Financial Advisors LLC now owns 66,080 shares of the company’s stock worth $1,630,000 after purchasing an additional 43,616 shares in the last quarter.

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

Shares of NYSEARCA SCHR opened at $23.74 on Wednesday. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $23.57 and a 12 month high of $25.42. The business has a 50-day moving average of $24.10 and a 200-day moving average of $24.46.

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.