Lake Street Advisors Group LLC Cuts Holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Lake Street Advisors Group LLC decreased its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 15.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 346,755 shares of the company’s stock after selling 63,787 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF comprises 1.2% of Lake Street Advisors Group LLC’s investment portfolio, making the stock its 22nd biggest position. Lake Street Advisors Group LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $17,241,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 2.9% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 79,489,759 shares of the company’s stock worth $3,952,231,000 after acquiring an additional 2,235,047 shares during the last quarter. Creative Planning boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 348.3% during the third quarter. Creative Planning now owns 1,605,953 shares of the company’s stock worth $76,989,000 after acquiring an additional 1,247,751 shares during the last quarter. Royal Bank of Canada boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 6.6% during the third quarter. Royal Bank of Canada now owns 10,320,133 shares of the company’s stock worth $494,747,000 after acquiring an additional 640,943 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 19.6% during the third quarter. Ameriprise Financial Inc. now owns 3,557,752 shares of the company’s stock worth $170,574,000 after acquiring an additional 581,860 shares during the last quarter. Finally, True North Advisors LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter worth about $26,780,000.

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

SCHR traded up $0.10 on Wednesday, reaching $48.74. 526,850 shares of the company’s stock were exchanged, compared to its average volume of 909,029. The stock’s fifty day moving average price is $48.33 and its 200-day moving average price is $48.86. Schwab Intermediate-Term U.S. Treasury ETF has a twelve month low of $47.03 and a twelve month high of $50.00.

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.