Tortoise Investment Management LLC Buys 31,016 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Tortoise Investment Management LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRFree Report) by 47.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 95,958 shares of the company’s stock after acquiring an additional 31,016 shares during the quarter. Tortoise Investment Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $2,366,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Hamilton Point Investment Advisors LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter worth approximately $27,000. Wealth Watch Advisors INC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $28,000. NBT Bank N A NY increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% during the first quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock worth $34,000 after buying an additional 1,329 shares during the period. GeoWealth Management LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 335.9% during the third quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock worth $34,000 after buying an additional 1,038 shares during the last quarter. Finally, Triumph Capital Management bought a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $34,000.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.2%

Shares of SCHR opened at $24.17 on Thursday. The firm’s fifty day simple moving average is $24.42 and its two-hundred day simple moving average is $24.68. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.16 and a 12 month high of $25.42.

About Schwab Intermediate-Term U.S. Treasury ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

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