Evermay Wealth Management LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 28,217 shares of the company’s stock, valued at approximately $706,000.
A number of other hedge funds have also recently modified their holdings of SCHR. Royal Bank of Canada increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 16.5% in the first quarter. Royal Bank of Canada now owns 18,570,658 shares of the company’s stock valued at $461,667,000 after acquiring an additional 2,633,732 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 219,369,491 shares of the company’s stock valued at $5,453,526,000 after acquiring an additional 2,171,605 shares during the period. Exchange Traded Concepts LLC purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the second quarter valued at about $43,567,000. Assetmark Inc. increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 8,087.1% in the first quarter. Assetmark Inc. now owns 1,544,000 shares of the company’s stock valued at $38,384,000 after acquiring an additional 1,525,141 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 52.5% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 3,256,103 shares of the company’s stock valued at $81,500,000 after acquiring an additional 1,120,524 shares during the period.
Schwab Intermediate-Term U.S. Treasury ETF Stock Performance
SCHR stock opened at $25.29 on Monday. The firm’s 50-day moving average price is $25.12 and its two-hundred day moving average price is $24.91. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.04 and a 12-month high of $25.33.
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.
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