Envestnet Asset Management Inc. Sells 203,144 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Envestnet Asset Management Inc. lessened its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 7.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,509,983 shares of the company’s stock after selling 203,144 shares during the period. Envestnet Asset Management Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $62,825,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. TD Private Client Wealth LLC boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.1% in the 1st quarter. TD Private Client Wealth LLC now owns 41,550 shares of the company’s stock valued at $1,033,000 after purchasing an additional 447 shares in the last quarter. Lifeworks Advisors LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 5.5% during the 1st quarter. Lifeworks Advisors LLC now owns 8,815 shares of the company’s stock worth $219,000 after purchasing an additional 460 shares during the last quarter. Patten & Patten Inc. TN raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 5.1% during the 1st quarter. Patten & Patten Inc. TN now owns 10,883 shares of the company’s stock worth $271,000 after purchasing an additional 533 shares during the last quarter. Venture Visionary Partners LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 1.3% during the 2nd quarter. Venture Visionary Partners LLC now owns 45,480 shares of the company’s stock worth $1,138,000 after purchasing an additional 587 shares during the last quarter. Finally, Van Strum & Towne Inc. increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 7.5% in the 2nd quarter. Van Strum & Towne Inc. now owns 8,650 shares of the company’s stock valued at $217,000 after acquiring an additional 600 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.0%

Shares of SCHR stock opened at $25.16 on Friday. The stock has a 50-day moving average of $25.17 and a 200-day moving average of $24.94. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $24.04 and a one year high of $25.35.

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.