Schwab Intermediate-Term U.S. Treasury ETF $SCHR Stock: Downshift Financial LLC Grows Stake

Downshift Financial LLC lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 14.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 829,751 shares of the company’s stock after purchasing an additional 103,313 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF accounts for 8.5% of Downshift Financial LLC’s investment portfolio, making the stock its 4th largest holding. Downshift Financial LLC owned 0.15% of Schwab Intermediate-Term U.S. Treasury ETF worth $19,665,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SCHR. Refined Wealth Management raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 4.8% during the third quarter. Refined Wealth Management now owns 244,580 shares of the company’s stock worth $5,797,000 after buying an additional 11,104 shares during the last quarter. Fragasso Financial Advisors Inc acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at about $244,000. Fermata Advisors LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 29.9% during the third quarter. Fermata Advisors LLC now owns 186,303 shares of the company’s stock valued at $4,415,000 after buying an additional 42,932 shares during the last quarter. Avior Wealth Management LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $1,438,000. Finally, Successful Portfolios LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.9% during the third quarter. Successful Portfolios LLC now owns 71,369 shares of the company’s stock worth $1,687,000 after acquiring an additional 628 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.1%

Shares of NYSEARCA:SCHR traded up $0.03 during midday trading on Tuesday, hitting $23.74. 6,103,672 shares of the company’s stock were exchanged, compared to its average volume of 2,975,285. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $23.57 and a 12 month high of $25.42. The stock has a 50 day moving average price of $24.11 and a 200-day moving average price of $24.47.

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.