Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Bought by Tortoise Investment Management LLC

Tortoise Investment Management LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 88.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,283 shares of the company’s stock after acquiring an additional 31,167 shares during the period. Tortoise Investment Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $1,648,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Rosenberg Matthew Hamilton boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 8,481.3% in the first quarter. Rosenberg Matthew Hamilton now owns 1,373 shares of the company’s stock valued at $34,000 after acquiring an additional 1,357 shares in the last quarter. First Horizon Advisors Inc. acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the first quarter valued at $40,000. Valley National Advisers Inc. acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the first quarter valued at $42,000. Continuum Advisory LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 3,093.1% in the first quarter. Continuum Advisory LLC now owns 1,852 shares of the company’s stock valued at $46,000 after acquiring an additional 1,794 shares in the last quarter. Finally, Harbour Investments Inc. boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 54.9% in the first quarter. Harbour Investments Inc. now owns 2,528 shares of the company’s stock valued at $63,000 after acquiring an additional 896 shares in the last quarter.

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

NYSEARCA SCHR opened at $25.11 on Thursday. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.04 and a 1 year high of $25.47. The company has a fifty day moving average of $24.89 and a two-hundred day moving average of $24.77.

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.