Intelligence Driven Advisers LLC Sells 12,168 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Intelligence Driven Advisers LLC lessened its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 4.1% in the 4th quarter, HoldingsChannel reports. The fund owned 285,508 shares of the company’s stock after selling 12,168 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF accounts for about 2.3% of Intelligence Driven Advisers LLC’s holdings, making the stock its 11th biggest holding. Intelligence Driven Advisers LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $14,230,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHR. Royal Bank of Canada grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 6.6% during the 3rd quarter. Royal Bank of Canada now owns 10,320,133 shares of the company’s stock worth $494,747,000 after buying an additional 640,943 shares during the period. JPMorgan Chase & Co. grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,661,953 shares of the company’s stock worth $271,434,000 after buying an additional 283,476 shares during the period. Ameriprise Financial Inc. grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 19.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,557,752 shares of the company’s stock worth $170,574,000 after buying an additional 581,860 shares during the period. Stifel Financial Corp grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.5% during the 3rd quarter. Stifel Financial Corp now owns 2,939,192 shares of the company’s stock worth $140,906,000 after buying an additional 153,965 shares during the period. Finally, Creative Planning boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 348.3% during the 3rd quarter. Creative Planning now owns 1,605,953 shares of the company’s stock worth $76,989,000 after acquiring an additional 1,247,751 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.4 %

Schwab Intermediate-Term U.S. Treasury ETF stock traded up $0.21 during midday trading on Thursday, hitting $48.08. 616,499 shares of the stock were exchanged, compared to its average volume of 999,918. The company has a fifty day simple moving average of $48.59 and a two-hundred day simple moving average of $48.74. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $47.03 and a 52 week high of $51.22.

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.