Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Newly Acquired by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC bought a new position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,528,415 shares of the company’s stock, valued at approximately $59,923,000. Schwab Intermediate-Term U.S. Treasury ETF makes up about 1.7% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 12th largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mendota Financial Group LLC raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 38.3% in the 3rd quarter. Mendota Financial Group LLC now owns 159,275 shares of the company’s stock worth $3,775,000 after acquiring an additional 44,103 shares in the last quarter. Beacon Wealthcare LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.8% in the 3rd quarter. Beacon Wealthcare LLC now owns 1,449,762 shares of the company’s stock valued at $34,359,000 after purchasing an additional 12,140 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 398.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 151,051 shares of the company’s stock worth $3,725,000 after buying an additional 120,720 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 103.7% in the second quarter. Envestnet Asset Management Inc. now owns 9,469,330 shares of the company’s stock valued at $233,514,000 after buying an additional 4,821,340 shares in the last quarter. Finally, Tortoise Investment Management LLC increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 47.8% in the second 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 in the last quarter.

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

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock traded up $0.04 on Thursday, hitting $23.73. The company’s stock had a trading volume of 1,767,251 shares, compared to its average volume of 2,906,264. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $23.57 and a 1 year high of $25.42. The firm has a fifty day moving average price of $24.16 and a 200-day moving average price of $24.49.

Schwab Intermediate-Term U.S. Treasury ETF Company 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.