Downshift Financial LLC Buys 103,313 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Downshift Financial LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 14.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 829,751 shares of the company’s stock after buying an additional 103,313 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up about 8.5% of Downshift Financial LLC’s portfolio, making the stock its 4th largest position. Downshift Financial LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $19,665,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of SCHR. Asset Allocation Strategies LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 3.8% during the first quarter. Asset Allocation Strategies LLC now owns 11,589 shares of the company’s stock worth $289,000 after buying an additional 419 shares in the last quarter. Asset Dedication LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 52.7% during the 1st quarter. Asset Dedication LLC now owns 1,472 shares of the company’s stock worth $37,000 after acquiring an additional 508 shares during the last quarter. Asset Management Group Inc. boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 1.2% during the 4th quarter. Asset Management Group Inc. now owns 49,049 shares of the company’s stock worth $1,230,000 after acquiring an additional 560 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 2.6% during the 1st 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 acquiring an additional 577 shares during the last quarter. Finally, Verus Capital Partners LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 6.3% in the 1st quarter. Verus Capital Partners LLC now owns 10,102 shares of the company’s stock worth $252,000 after acquiring an additional 597 shares in the last quarter.

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

Shares of NYSEARCA SCHR traded up $0.03 during trading on Tuesday, hitting $23.74. The stock had a trading volume of 6,103,672 shares, compared to its average volume of 2,975,285. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $23.57 and a 12 month high of $25.42. The firm has a fifty day moving average of $24.11 and a two-hundred day moving average of $24.47.

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.