Schwab Intermediate-Term U.S. Treasury ETF $SCHR Stock Sold by Verus Capital Partners LLC

Verus Capital Partners LLC decreased its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 92.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,352 shares of the company’s stock after selling 149,649 shares during the quarter. Verus Capital Partners LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $269,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Royal Bank of Canada boosted its position in 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 purchasing an additional 253,371 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 103.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,469,330 shares of the company’s stock valued at $233,514,000 after purchasing an additional 4,821,340 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 19.7% during the 1st quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock valued at $154,170,000 after purchasing an additional 1,016,874 shares in the last quarter. Cornerstone Wealth Advisors Inc. increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.9% during the 3rd quarter. Cornerstone Wealth Advisors Inc. now owns 4,279,824 shares of the company’s stock valued at $101,432,000 after purchasing an additional 159,762 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at $59,923,000.

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

SCHR opened at $24.14 on Tuesday. The firm has a fifty day moving average price of $23.94 and a 200 day moving average price of $24.55. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $23.57 and a 1 year high of $25.42.

Schwab Intermediate-Term U.S. Treasury ETF 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.