Tortoise Investment Management LLC Has $853,000 Holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Tortoise Investment Management LLC raised its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 401.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,116 shares of the company’s stock after buying an additional 28,115 shares during the period. Tortoise Investment Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $853,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHR. Independent Advisor Alliance bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter valued at approximately $1,043,000. Altiora Financial Group LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 87.8% in the fourth quarter. Altiora Financial Group LLC now owns 638,791 shares of the company’s stock valued at $15,516,000 after buying an additional 298,627 shares during the period. NBT Bank N A NY lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% in the fourth quarter. NBT Bank N A NY now owns 3,276 shares of the company’s stock valued at $80,000 after buying an additional 1,638 shares during the period. BOK Financial Private Wealth Inc. lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 2,890 shares of the company’s stock valued at $70,000 after buying an additional 1,445 shares during the period. Finally, Blake Schutter Theil Wealth Advisors LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 114.2% in the fourth quarter. Blake Schutter Theil Wealth Advisors LLC now owns 211,119 shares of the company’s stock valued at $5,128,000 after buying an additional 112,546 shares during the period.

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

Shares of NYSEARCA SCHR opened at $24.64 on Monday. The company’s 50 day simple moving average is $24.39 and its 200 day simple moving average is $24.66. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $23.89 and a fifty-two week high of $25.47.

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.