Frisch Financial Group Inc. Buys New Stake in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Frisch Financial Group Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) during the first quarter, HoldingsChannel reports. The institutional investor bought 36,798 shares of the company’s stock, valued at approximately $917,000.

A number of other large investors also recently added to or reduced their stakes in the company. Aventura Private Wealth LLC purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter worth $25,000. Asset Dedication LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at $26,000. Wealth Watch Advisors INC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at $28,000. Triumph Capital Management acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth about $34,000. Finally, NBT Bank N A NY lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% during the 1st quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock worth $34,000 after acquiring an additional 1,329 shares in the last quarter.

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

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.53 on Friday. The business has a 50-day moving average of $24.59 and a 200 day moving average of $24.87. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.42 and a 12 month 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.