Lowery Thomas LLC Purchases Shares of 159,791 Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Lowery Thomas LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 159,791 shares of the company’s stock, valued at approximately $3,696,000. Schwab Intermediate-Term U.S. Treasury ETF comprises about 1.8% of Lowery Thomas LLC’s investment portfolio, making the stock its 19th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHR. Hamilton Point Investment Advisors LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the first quarter valued at $27,000. Wealth Watch Advisors INC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth about $28,000. GeoWealth Management LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% during the 3rd quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock worth $34,000 after buying an additional 1,038 shares during the last quarter. NBT Bank N A NY lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% during the 1st quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock worth $34,000 after buying an additional 1,329 shares during the last quarter. Finally, Triumph Capital Management bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth about $34,000.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.1%

Shares of SCHR opened at $24.22 on Thursday. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $24.20 and a 52 week high of $25.42. The firm’s 50-day simple moving average is $24.47 and its 200 day simple moving average is $24.71.

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.