Cwm LLC Trims Stock Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Cwm LLC cut its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 27.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 252,769 shares of the company’s stock after selling 95,362 shares during the period. Cwm LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $6,352,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Pure Portfolios Holdings LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.1% in the 3rd quarter. Pure Portfolios Holdings LLC now owns 664,437 shares of the company’s stock valued at $16,697,000 after purchasing an additional 32,289 shares during the last quarter. Successful Portfolios LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.2% during the 3rd quarter. Successful Portfolios LLC now owns 64,358 shares of the company’s stock worth $1,617,000 after purchasing an additional 3,207 shares during the last quarter. Crane Advisory LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 2.7% in the 3rd quarter. Crane Advisory LLC now owns 1,806,857 shares of the company’s stock valued at $45,298,000 after buying an additional 47,811 shares during the period. Cornerstone Wealth Advisors Inc. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 5.4% in the third quarter. Cornerstone Wealth Advisors Inc. now owns 3,656,393 shares of the company’s stock valued at $91,885,000 after buying an additional 185,752 shares during the last quarter. Finally, DAVENPORT & Co LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 15.0% during the third quarter. DAVENPORT & Co LLC now owns 1,163,151 shares of the company’s stock worth $29,230,000 after buying an additional 151,759 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.0%

Shares of SCHR opened at $25.13 on Wednesday. The firm has a 50-day simple moving average of $25.16 and a two-hundred day simple moving average of $25.06. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $24.04 and a 1-year high of $25.35.

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.