West Paces Advisors Inc. Cuts Stock Position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

West Paces Advisors Inc. cut its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 24.0% in the first quarter, Holdings Channel reports. The institutional investor owned 9,735 shares of the company’s stock after selling 3,080 shares during the quarter. West Paces Advisors Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $242,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHR. Pineridge Advisors LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 161.4% in the fourth quarter. Pineridge Advisors LLC now owns 9,054 shares of the company’s stock valued at $220,000 after buying an additional 5,591 shares in the last quarter. POM Investment Strategies LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the fourth quarter valued at approximately $27,000. Leavell Investment Management Inc. increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 35.2% in the fourth quarter. Leavell Investment Management Inc. now owns 30,302 shares of the company’s stock valued at $736,000 after buying an additional 7,889 shares in the last quarter. Avidian Wealth Enterprises LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 109.6% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 2,128,548 shares of the company’s stock valued at $51,702,000 after buying an additional 1,112,804 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 66.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,202,032 shares of the company’s stock valued at $29,197,000 after buying an additional 479,995 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.2%

Shares of NYSEARCA:SCHR opened at $24.61 on Tuesday. The business’s 50 day moving average price is $24.76 and its 200-day moving average price is $24.58. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.04 and a 1 year 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.