DAVENPORT & Co LLC Purchases 151,759 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

DAVENPORT & Co LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 15.0% in the third quarter, Holdings Channel.com reports. The fund owned 1,163,151 shares of the company’s stock after acquiring an additional 151,759 shares during the quarter. DAVENPORT & Co LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $29,230,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Hoey Investments Inc. bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the second quarter valued at about $37,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter valued at about $44,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter valued at approximately $62,000. Berkshire Money Management Inc. acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the second quarter worth $65,000. Finally, Geneos Wealth Management Inc. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 414.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,696 shares of the company’s stock worth $67,000 after acquiring an additional 2,172 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.2%

SCHR stock opened at $25.08 on Thursday. The firm’s fifty day simple moving average is $25.18 and its 200-day simple moving average is $25.05. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.04 and a 12 month high of $25.35.

Schwab Intermediate-Term U.S. Treasury ETF Company 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.