Schwab Intermediate-Term U.S. Treasury ETF $SCHR Stock: North Forty Two & Co. Decreases Stake

by · The Cerbat Gem

North Forty Two & Co. lowered its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Free Report) by 47.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 157,752 shares of the company’s stock after selling 140,914 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF comprises approximately 3.0% of North Forty Two & Co.’s holdings, making the stock its 7th largest position. North Forty Two & Co.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $3,739,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SCHR. LongView Wealth Management boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.3% in the third quarter. LongView Wealth Management now owns 14,230 shares of the company’s stock worth $337,000 after acquiring an additional 710 shares during the period. Independent Wealth Network Inc. purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $218,000. SIMA Wealth Partners LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 6.2% during the 3rd quarter. SIMA Wealth Partners LLC now owns 297,869 shares of the company’s stock valued at $7,059,000 after purchasing an additional 17,370 shares during the period. IFP Advisors Inc raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 6.8% during the 3rd quarter. IFP Advisors Inc now owns 76,136 shares of the company’s stock valued at $1,804,000 after purchasing an additional 4,816 shares during the period. Finally, Center For Asset Management LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at approximately $736,000.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.3%

SCHR stock traded down $0.06 during midday trading on Monday, hitting $23.84. The company’s stock had a trading volume of 2,662,064 shares, compared to its average volume of 2,984,590. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $23.57 and a 12 month high of $25.42. The company has a 50 day moving average of $24.07 and a two-hundred day moving average of $24.44.

About Schwab Intermediate-Term U.S. Treasury ETF

(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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