Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Newly Acquired by White Pine Investment CO

White Pine Investment CO bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the third quarter, Holdings Channel reports. The institutional investor bought 484,783 shares of the company’s stock, valued at approximately $11,489,000. Schwab Intermediate-Term U.S. Treasury ETF accounts for approximately 2.2% of White Pine Investment CO’s holdings, making the stock its 14th largest position.

Other hedge funds have also recently modified their holdings of the company. Royal Bank of Canada lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 1.5% in the 1st quarter. Royal Bank of Canada now owns 17,334,539 shares of the company’s stock valued at $431,805,000 after buying an additional 253,371 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 103.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,469,330 shares of the company’s stock worth $233,514,000 after buying an additional 4,821,340 shares in the last quarter. Bank of America Corp DE increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 19.7% during the 1st quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock worth $154,170,000 after buying an additional 1,016,874 shares in the last quarter. Pacific Sage Partners LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 9.6% during the 1st quarter. Pacific Sage Partners LLC now owns 3,480,010 shares of the company’s stock worth $86,687,000 after buying an additional 306,106 shares in the last quarter. Finally, Resonant Capital Advisors LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 4.7% during the 1st quarter. Resonant Capital Advisors LLC now owns 3,001,765 shares of the company’s stock worth $74,774,000 after buying an additional 134,150 shares in the last quarter.

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

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $23.86 on Friday. The business has a 50 day simple moving average of $24.08 and a two-hundred day simple moving average of $24.45. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $23.57 and a 12 month high of $25.42.

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.