Park Avenue Securities LLC Purchases 390,795 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Park Avenue Securities LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 390,795 shares of the company’s stock, valued at approximately $9,262,000.

Other institutional investors have also added to or reduced their stakes in the company. Asset Allocation Strategies LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 3.8% during the 1st quarter. Asset Allocation Strategies LLC now owns 11,589 shares of the company’s stock worth $289,000 after purchasing an additional 419 shares in the last quarter. Professional Financial Management Inc. boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 3.2% in the 3rd quarter. Professional Financial Management Inc. now owns 14,590 shares of the company’s stock worth $346,000 after purchasing an additional 455 shares during the period. GenWealth Group Inc. grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 0.5% during the 3rd quarter. GenWealth Group Inc. now owns 101,973 shares of the company’s stock valued at $2,417,000 after buying an additional 475 shares in the last quarter. Asset Dedication LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 52.7% during the 1st quarter. Asset Dedication LLC now owns 1,472 shares of the company’s stock valued at $37,000 after buying an additional 508 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 2.6% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 22,879 shares of the company’s stock valued at $570,000 after buying an additional 577 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.1%

Shares of SCHR opened at $23.99 on Wednesday. The business’s 50-day moving average price is $24.00 and its 200-day moving average price is $24.59. Schwab Intermediate-Term U.S. Treasury ETF has a twelve month low of $23.57 and a twelve month high of $25.42.

Schwab Intermediate-Term U.S. Treasury ETF Company Profile

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.