Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Sold by Midwest Trust Co

Midwest Trust Co lessened its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 48.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 499,367 shares of the company’s stock after selling 460,671 shares during the period. Midwest Trust Co owned about 0.10% of Schwab Intermediate-Term U.S. Treasury ETF worth $12,439,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHR. Aventura Private Wealth LLC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 4th quarter worth $25,000. Asset Dedication LLC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at about $26,000. Wealth Watch Advisors INC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $28,000. Triumph Capital Management acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $34,000. Finally, NBT Bank N A NY lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% during the first quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock worth $34,000 after purchasing an additional 1,329 shares in the last quarter.

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

Shares of NYSEARCA SCHR opened at $24.50 on Monday. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $24.42 and a 1-year high of $25.42. The business has a 50-day moving average of $24.62 and a 200-day moving average of $24.88.

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.