Fmr LLC Decreases Holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Fmr LLC lowered its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 44.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 2,783 shares of the company’s stock after selling 2,253 shares during the quarter. Fmr LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $141,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Charles Schwab Investment Management Inc. increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 29.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 107,666,399 shares of the company’s stock valued at $5,447,920,000 after acquiring an additional 24,494,209 shares during the period. Cornerstone Wealth Advisors Inc. grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 71.1% in the 3rd quarter. Cornerstone Wealth Advisors Inc. now owns 1,569,139 shares of the company’s stock valued at $79,398,000 after purchasing an additional 651,848 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 710.6% in the third quarter. Bank of Montreal Can now owns 1,260,228 shares of the company’s stock valued at $63,919,000 after purchasing an additional 1,104,765 shares during the period. Northwest Capital Management Inc raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 87.4% during the third quarter. Northwest Capital Management Inc now owns 1,092,194 shares of the company’s stock worth $55,265,000 after purchasing an additional 509,461 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 89.5% during the third quarter. CWM LLC now owns 1,079,429 shares of the company’s stock worth $54,619,000 after purchasing an additional 509,812 shares during the period.

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

SCHR opened at $24.21 on Wednesday. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $23.89 and a 1-year high of $25.47. The stock’s 50 day simple moving average is $24.57 and its 200 day simple moving average is $24.77.

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.