Intelligence Driven Advisers LLC Cuts Stock Holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Intelligence Driven Advisers LLC lowered its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 4.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 285,508 shares of the company’s stock after selling 12,168 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up approximately 2.3% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 11th biggest holding. Intelligence Driven Advisers LLC owned approximately 0.19% of Schwab Intermediate-Term U.S. Treasury ETF worth $14,230,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Financial Gravity Asset Management Inc. raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1,928.6% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 994 shares of the company’s stock valued at $47,000 after acquiring an additional 945 shares during the period. Hexagon Capital Partners LLC purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at $51,000. Howe & Rusling Inc. purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at $96,000. Roble Belko & Company Inc purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth $106,000. Finally, Larson Financial Group LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 15.2% during the 3rd quarter. Larson Financial Group LLC now owns 2,841 shares of the company’s stock worth $136,000 after buying an additional 374 shares during the period.

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

Schwab Intermediate-Term U.S. Treasury ETF stock traded up $0.21 during midday trading on Thursday, hitting $48.08. 616,499 shares of the stock were exchanged, compared to its average volume of 999,918. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $47.03 and a 1 year high of $51.22. The company has a 50 day moving average price of $48.59 and a two-hundred day moving average price of $48.74.

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.