419,101 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR Purchased by Sierra Ocean LLC

Sierra Ocean LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 419,101 shares of the company’s stock, valued at approximately $9,933,000. Schwab Intermediate-Term U.S. Treasury ETF accounts for 6.1% of Sierra Ocean LLC’s investment portfolio, making the stock its 7th largest holding. Sierra Ocean LLC owned about 0.07% of Schwab Intermediate-Term U.S. Treasury ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHR. Envestnet Asset Management Inc. boosted its stake in shares of 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 acquiring an additional 4,821,340 shares in the last quarter. Avidian Wealth Enterprises LLC purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at about $59,923,000. Financial Life Advisors acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter worth about $36,389,000. Bank of America Corp DE raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 19.7% in the 1st quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock worth $154,170,000 after purchasing an additional 1,016,874 shares during the period. Finally, Waverly Advisors LLC boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 1,269.1% during the first quarter. Waverly Advisors LLC now owns 794,905 shares of the company’s stock worth $19,801,000 after purchasing an additional 736,844 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.1%

Shares of SCHR stock opened at $24.16 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $23.57 and a 12-month high of $25.42. The business’s 50 day moving average is $23.94 and its two-hundred day moving average is $24.56.

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.