Successful Portfolios LLC Has $1.53 Million Stock Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Successful Portfolios LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 2.4% during the second quarter, Holdings Channel reports. The institutional investor owned 61,151 shares of the company’s stock after purchasing an additional 1,414 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF comprises about 0.9% of Successful Portfolios LLC’s portfolio, making the stock its 28th largest holding. Successful Portfolios LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $1,531,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 8,481.3% during the 1st quarter. Rosenberg Matthew Hamilton now owns 1,373 shares of the company’s stock worth $34,000 after purchasing an additional 1,357 shares in the last quarter. Hoey Investments Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter worth approximately $37,000. First Horizon Advisors Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 1st quarter worth approximately $40,000. Valley National Advisers Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 1st quarter worth approximately $42,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter worth approximately $44,000.

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

Shares of SCHR opened at $25.10 on Friday. The stock has a 50 day moving average price of $25.06 and a two-hundred day moving average price of $24.88. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $24.04 and a 52 week high of $25.32.

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.