Madison Asset Management LLC Sells 352,134 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Madison Asset Management LLC decreased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 31.1% during the first quarter, HoldingsChannel.com reports. The firm owned 779,954 shares of the company’s stock after selling 352,134 shares during the period. Madison Asset Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $19,429,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SCHR. Aventura Private Wealth LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter valued at about $25,000. Hamilton Point Investment Advisors LLC bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the first quarter valued at approximately $27,000. Wealth Watch Advisors INC bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at approximately $28,000. Triumph Capital Management purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at approximately $34,000. Finally, NBT Bank N A NY grew its stake in 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 valued at $34,000 after acquiring an additional 1,329 shares in the last quarter.

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

NYSEARCA SCHR opened at $24.50 on Tuesday. The company’s 50 day simple moving average is $24.59 and its two-hundred day simple moving average is $24.86. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.42 and a 1 year 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.