Signet Financial Management LLC Makes New Investment in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Signet Financial Management LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 60,711 shares of the company’s stock, valued at approximately $1,509,000.

A number of other hedge funds also recently made changes to their positions in SCHR. POM Investment Strategies LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 4th quarter valued at about $27,000. Townsend Asset Management Corp NC ADV grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Townsend Asset Management Corp NC ADV now owns 1,318 shares of the company’s stock valued at $32,000 after purchasing an additional 659 shares during the last quarter. Harbour Investments Inc. grew its position in shares of 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 purchasing an additional 789 shares during the last quarter. Sanctuary Wealth Management L.L.C. bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter worth approximately $41,000. Finally, Richard W. Paul & Associates LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% during the 4th quarter. Richard W. Paul & Associates LLC now owns 1,720 shares of the company’s stock worth $42,000 after purchasing an additional 860 shares during the last quarter.

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

SCHR opened at $24.63 on Wednesday. The business has a fifty day simple moving average of $24.75 and a 200 day simple moving average of $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.

About Schwab Intermediate-Term U.S. Treasury ETF

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.