Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Sold by Hidden Cove Wealth Management LLC

Hidden Cove Wealth Management LLC lowered its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 72.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 104,625 shares of the company’s stock after selling 275,721 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF accounts for about 1.3% of Hidden Cove Wealth Management LLC’s investment portfolio, making the stock its 17th largest holding. Hidden Cove Wealth Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $2,480,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Asset Allocation Strategies LLC grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 3.8% in the first quarter. Asset Allocation Strategies LLC now owns 11,589 shares of the company’s stock worth $289,000 after purchasing an additional 419 shares during the period. GenWealth Group Inc. raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 0.5% in the third quarter. GenWealth Group Inc. now owns 101,973 shares of the company’s stock worth $2,417,000 after purchasing an additional 475 shares in the last quarter. Asset Dedication LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 52.7% in the first quarter. Asset Dedication LLC now owns 1,472 shares of the company’s stock worth $37,000 after purchasing an additional 508 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 2.6% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 22,879 shares of the company’s stock worth $570,000 after purchasing an additional 577 shares in the last quarter. Finally, Verus Capital Partners LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 6.3% during the first quarter. Verus Capital Partners LLC now owns 10,102 shares of the company’s stock valued at $252,000 after buying an additional 597 shares during the period.

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

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock traded down $0.06 during midday trading on Monday, hitting $23.84. The company had a trading volume of 2,662,064 shares, compared to its average volume of 2,984,590. The company has a 50 day moving average of $24.07 and a 200 day moving average of $24.44. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $23.57 and a 52-week high of $25.42.

Schwab Intermediate-Term U.S. Treasury ETF Company 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.