Tortoise Investment Management LLC Sells 5,631 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Tortoise Investment Management LLC trimmed its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 43.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,295 shares of the company’s stock after selling 5,631 shares during the quarter. Tortoise Investment Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $356,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SCHR. Willis Johnson & Associates Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the second quarter valued at $761,000. Resonant Capital Advisors LLC boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 12.2% during the 2nd quarter. Resonant Capital Advisors LLC now owns 767,370 shares of the company’s stock valued at $37,425,000 after acquiring an additional 83,363 shares during the last quarter. PrairieView Partners LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 10.2% during the second quarter. PrairieView Partners LLC now owns 61,555 shares of the company’s stock worth $3,002,000 after purchasing an additional 5,704 shares in the last quarter. Hilltop Partners LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.4% during the second quarter. Hilltop Partners LLC now owns 78,534 shares of the company’s stock worth $3,830,000 after purchasing an additional 1,061 shares in the last quarter. Finally, Financial Counselors Inc. increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 475.1% in the second quarter. Financial Counselors Inc. now owns 195,355 shares of the company’s stock worth $9,527,000 after purchasing an additional 161,388 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.4 %

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $50.25 on Wednesday. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $47.03 and a 1 year high of $50.69. The company has a 50 day simple moving average of $49.58 and a two-hundred day simple moving average of $48.93.

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.