Frisch Financial Group Inc. Makes New Investment in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Frisch Financial Group Inc. bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 36,798 shares of the company’s stock, valued at approximately $917,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Aventura Private Wealth LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter worth approximately $25,000. Asset Dedication LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at $26,000. Wealth Watch Advisors INC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at $28,000. GeoWealth Management LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 335.9% in the 3rd quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock valued at $34,000 after purchasing an additional 1,038 shares in the last quarter. Finally, NBT Bank N A NY boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% during the 1st quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock worth $34,000 after purchasing an additional 1,329 shares during the last quarter.

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

NYSEARCA:SCHR opened at $24.53 on Friday. The company’s 50-day moving average price is $24.59 and its 200-day moving average price is $24.87. Schwab Intermediate-Term U.S. Treasury ETF has a twelve month low of $24.42 and a twelve month high of $25.42.

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.