FLC Capital Advisors Buys 171,594 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

FLC Capital Advisors lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 13.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,410,832 shares of the company’s stock after purchasing an additional 171,594 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF makes up 7.3% of FLC Capital Advisors’ portfolio, making the stock its 2nd largest holding. FLC Capital Advisors’ holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $35,313,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Janney Montgomery Scott LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 157.9% during the first quarter. Janney Montgomery Scott LLC now owns 90,914 shares of the company’s stock valued at $2,260,000 after buying an additional 55,664 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter valued at $399,000. PFG Investments LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter valued at $427,000. Garde Capital Inc. acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter valued at $120,000. Finally, Moisand Fitzgerald Tamayo LLC boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 34.5% in the 1st quarter. Moisand Fitzgerald Tamayo LLC now owns 2,135,579 shares of the company’s stock valued at $53,090,000 after purchasing an additional 547,537 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.2%

NYSEARCA:SCHR opened at $25.29 on Monday. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $24.04 and a 1-year high of $25.33. The stock has a fifty day simple moving average of $25.12 and a 200 day simple moving average of $24.91.

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.