Schwab Intermediate-Term U.S. Treasury ETF $SCHR Stake Boosted by Sequoia Financial Advisors LLC

by · The Markets Daily

Sequoia Financial Advisors LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRFree Report) by 194.2% in the second quarter, HoldingsChannel.com reports. The firm owned 66,080 shares of the company’s stock after acquiring an additional 43,616 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $1,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.5% in the 1st quarter. Royal Bank of Canada now owns 17,334,539 shares of the company’s stock worth $431,805,000 after buying an additional 253,371 shares during the last quarter. Bank of America Corp DE raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 19.7% during the first quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock worth $154,170,000 after acquiring an additional 1,016,874 shares during the period. Pacific Sage Partners LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 9.6% during the first quarter. Pacific Sage Partners LLC now owns 3,480,010 shares of the company’s stock worth $86,687,000 after acquiring an additional 306,106 shares during the period. Resonant Capital Advisors LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 4.7% in the first quarter. Resonant Capital Advisors LLC now owns 3,001,765 shares of the company’s stock worth $74,774,000 after acquiring an additional 134,150 shares during the last quarter. Finally, AlphaQuest LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 643.7% in the fourth quarter. AlphaQuest LLC now owns 1,921,346 shares of the company’s stock worth $48,187,000 after acquiring an additional 1,662,992 shares during the last quarter.

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

Shares of SCHR stock opened at $23.96 on Wednesday. The business has a 50 day moving average of $24.37 and a two-hundred day moving average of $24.64. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $23.93 and a 52 week high of $25.42.

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.

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