K2 Financial Inc. Makes New $2.23 Million Investment in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

K2 Financial Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 96,470 shares of the company’s stock, valued at approximately $2,225,000. Schwab Intermediate-Term U.S. Treasury ETF accounts for 1.6% of K2 Financial Inc.’s investment portfolio, making the stock its 21st biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Midwest Trust Co lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 7.3% during the 4th quarter. Midwest Trust Co now owns 960,038 shares of the company’s stock worth $24,078,000 after purchasing an additional 65,660 shares during the last quarter. Valpey Financial Services LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 3,018.9% in the fourth quarter. Valpey Financial Services LLC now owns 320,743 shares of the company’s stock valued at $8,044,000 after acquiring an additional 310,459 shares in the last quarter. UBS Group AG boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 41.1% in the 4th quarter. UBS Group AG now owns 417,692 shares of the company’s stock valued at $10,476,000 after purchasing an additional 121,643 shares during the period. L.K. Benson & Company P.C. grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 42.3% during the 4th quarter. L.K. Benson & Company P.C. now owns 225,195 shares of the company’s stock worth $5,648,000 after buying an additional 66,928 shares during the last quarter. Finally, HC Advisors LLC increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 3.3% during the fourth quarter. HC Advisors LLC now owns 857,670 shares of the company’s stock worth $21,510,000 after buying an additional 27,006 shares during the period.

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

Shares of SCHR opened at $24.24 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.20 and a 12-month high of $25.42. The company’s 50 day simple moving average is $24.45 and its 200-day simple moving average is $24.70.

Schwab Intermediate-Term U.S. Treasury ETF Profile

(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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