Chesapeake Wealth Management Buys Shares of 133,559 Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Chesapeake Wealth Management bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 133,559 shares of the company’s stock, valued at approximately $3,089,000.

Several other large investors also recently modified their holdings of the stock. Acorn Wealth Advisors LLC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter valued at approximately $241,000. Investors Research Corp raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3,841.1% in the second quarter. Investors Research Corp now owns 7,094 shares of the company’s stock valued at $164,000 after buying an additional 6,914 shares during the period. Financial Life Advisors bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the second quarter valued at $36,389,000. Compass Financial Management LLC purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter valued at $233,000. Finally, GenWealth Group Inc. lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.4% during the 2nd quarter. GenWealth Group Inc. now owns 101,498 shares of the company’s stock valued at $2,503,000 after buying an additional 1,433 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.6%

SCHR stock opened at $24.20 on Wednesday. The stock has a fifty day moving average of $24.47 and a 200-day moving average of $24.72. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.20 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.