Financial & Tax Architects LLC Boosts Holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Financial & Tax Architects LLC raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 0.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,861 shares of the company’s stock after purchasing an additional 417 shares during the quarter. Financial & Tax Architects LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $2,188,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Moors & Cabot Inc. increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 32.7% in the second quarter. Moors & Cabot Inc. now owns 16,296 shares of the company’s stock worth $795,000 after acquiring an additional 4,018 shares during the period. Tennessee Valley Asset Management Partners increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 728.0% in the second quarter. Tennessee Valley Asset Management Partners now owns 168,799 shares of the company’s stock worth $8,232,000 after acquiring an additional 148,412 shares during the period. Breakwater Investment Management increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 14.3% in the second quarter. Breakwater Investment Management now owns 2,177 shares of the company’s stock worth $106,000 after acquiring an additional 272 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 12.8% in the second quarter. Envestnet Asset Management Inc. now owns 877,488 shares of the company’s stock worth $42,795,000 after acquiring an additional 99,584 shares during the period. Finally, SYM FINANCIAL Corp increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.7% in the second quarter. SYM FINANCIAL Corp now owns 57,292 shares of the company’s stock worth $2,794,000 after acquiring an additional 380 shares during the period.

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

Shares of NYSEARCA SCHR opened at $50.85 on Wednesday. The company’s fifty day moving average price is $50.00 and its 200 day moving average price is $49.07. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $47.03 and a 1 year high of $50.93.

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.