Schwab Intermediate-Term U.S. Treasury ETF $SCHR Stock: North Forty Two & Co. Decreases Position

North Forty Two & Co. cut its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 47.2% during the third quarter, HoldingsChannel reports. The firm owned 157,752 shares of the company’s stock after selling 140,914 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF comprises 3.0% of North Forty Two & Co.’s holdings, making the stock its 7th largest position. North Forty Two & Co.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $3,739,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Waverly Advisors LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 6.0% during the 2nd quarter. Waverly Advisors LLC now owns 842,589 shares of the company’s stock valued at $20,778,000 after purchasing an additional 47,684 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 398.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 151,051 shares of the company’s stock valued at $3,725,000 after buying an additional 120,720 shares during the period. Tortoise Investment Management LLC raised its holdings in 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 buying an additional 31,016 shares during the period. Leo H. Evart Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter worth $1,224,000. Finally, Noble Wealth Partners LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter worth $3,153,000.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.3%

SCHR traded down $0.06 during trading on Monday, reaching $23.84. The company had a trading volume of 2,662,064 shares, compared to its average volume of 2,984,590. The business has a 50 day simple moving average of $24.07 and a 200-day simple moving average of $24.44. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $23.57 and a 52 week 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.