Sequoia Financial Advisors LLC Buys 2,359 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Sequoia Financial Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 10.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 25,276 shares of the company’s stock after acquiring an additional 2,359 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $628,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Townsend Asset Management Corp NC ADV increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% during the fourth quarter. Townsend Asset Management Corp NC ADV now owns 1,318 shares of the company’s stock worth $32,000 after buying an additional 659 shares during the last quarter. Harbour Investments Inc. raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 93.6% in the fourth quarter. Harbour Investments Inc. now owns 1,632 shares of the company’s stock valued at $40,000 after buying an additional 789 shares during the period. Sanctuary Wealth Management L.L.C. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the fourth quarter valued at approximately $41,000. Continuum Advisory LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 3,093.1% in the first quarter. Continuum Advisory LLC now owns 1,852 shares of the company’s stock valued at $46,000 after buying an additional 1,794 shares during the period. Finally, AdvisorNet Financial Inc raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 232.5% in the first quarter. AdvisorNet Financial Inc now owns 2,660 shares of the company’s stock valued at $66,000 after buying an additional 1,860 shares during the period.

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

NYSEARCA:SCHR opened at $24.90 on Wednesday. The stock’s 50 day moving average price is $24.77 and its two-hundred day moving average price is $24.60. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.04 and a 12-month high of $25.47.

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.