K2 Financial Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 96,470 shares of the company’s stock, valued at approximately $2,225,000. Schwab Intermediate-Term U.S. Treasury ETF accounts for about 1.6% of K2 Financial Inc.’s investment portfolio, making the stock its 21st largest position.
Several other institutional investors and hedge funds have also modified their holdings of SCHR. Hamilton Point Investment Advisors LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 1st 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 third quarter valued at about $28,000. GeoWealth Management LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% during the third quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock worth $34,000 after acquiring an additional 1,038 shares during the last quarter. Triumph Capital Management purchased a new stake 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% in the first quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock worth $34,000 after acquiring an additional 1,329 shares in the last quarter.
Schwab Intermediate-Term U.S. Treasury ETF Price Performance
Shares of SCHR opened at $24.24 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $24.20 and a one year high of $25.42. The stock has a 50-day moving average price of $24.45 and a 200 day moving average price of $24.70.
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.
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