Kingsview Wealth Management LLC Sells 78,275 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Kingsview Wealth Management LLC lowered its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 81.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 17,445 shares of the company’s stock after selling 78,275 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $438,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHR. AlphaQuest LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 643.7% during the fourth quarter. AlphaQuest LLC now owns 1,921,346 shares of the company’s stock worth $48,187,000 after buying an additional 1,662,992 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 11.9% during the third quarter. Ameriprise Financial Inc. now owns 13,681,648 shares of the company’s stock worth $343,724,000 after buying an additional 1,449,980 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 46.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 4,029,634 shares of the company’s stock worth $101,063,000 after buying an additional 1,280,247 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 44.9% during the third quarter. Envestnet Asset Management Inc. now owns 3,636,388 shares of the company’s stock worth $91,382,000 after buying an additional 1,126,405 shares during the last quarter. Finally, Crane Advisory LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 54.0% during the fourth quarter. Crane Advisory LLC now owns 2,783,217 shares of the company’s stock worth $69,775,000 after buying an additional 976,360 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Performance

Shares of SCHR opened at $24.57 on Thursday. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.42 and a 1 year high of $25.42. The stock’s 50-day moving average price is $24.77 and its two-hundred day moving average price is $24.99.

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.