Schwab Intermediate-Term U.S. Treasury ETF $SCHR is Downshift Financial LLC’s 5th Largest Position

Downshift Financial LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 24.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 678,481 shares of the company’s stock after purchasing an additional 133,657 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF comprises approximately 8.2% of Downshift Financial LLC’s holdings, making the stock its 5th biggest holding. Downshift Financial LLC owned approximately 0.13% of Schwab Intermediate-Term U.S. Treasury ETF worth $16,867,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHR. Hapanowicz & Associates Financial Services Inc grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% during the first quarter. Hapanowicz & Associates Financial Services Inc now owns 1,397,138 shares of the company’s stock valued at $34,803,000 after acquiring an additional 61,016 shares during the period. Ascentis Independent Advisors purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter worth about $177,000. Walkner Condon Financial Advisors LLC raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.4% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 452,423 shares of the company’s stock worth $11,267,000 after purchasing an additional 19,192 shares during the period. NBT Bank N A NY lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% in the 1st quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock valued at $34,000 after purchasing an additional 1,329 shares in the last quarter. Finally, Portland Financial Advisors Inc lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 53.8% in the 1st quarter. Portland Financial Advisors Inc now owns 25,885 shares of the company’s stock valued at $645,000 after purchasing an additional 9,051 shares in the last quarter.

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

Shares of NYSEARCA:SCHR opened at $24.57 on Tuesday. The stock has a 50-day simple moving average of $24.64 and a 200-day simple moving average of $24.90. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.42 and a 1 year 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.