Farrow Financial Inc. Acquires 132,827 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Farrow Financial Inc. boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 1,657.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,842 shares of the company’s stock after acquiring an additional 132,827 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF accounts for about 2.0% of Farrow Financial Inc.’s portfolio, making the stock its 14th largest position. Farrow Financial Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $3,532,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Aventura Private Wealth LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 4th quarter worth approximately $25,000. Asset Dedication LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth approximately $26,000. Wealth Watch Advisors INC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth approximately $28,000. Triumph Capital Management bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth approximately $34,000. Finally, GeoWealth Management LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 335.9% during the 3rd quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock worth $34,000 after acquiring an additional 1,038 shares during the last quarter.

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

SCHR opened at $25.01 on Friday. The company’s 50 day moving average price is $25.03 and its two-hundred day moving average price is $25.10. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.53 and a fifty-two week high of $25.42.

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.