Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Sold by Payne Capital LLC

Payne Capital LLC lowered its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 9.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 294,210 shares of the company’s stock after selling 30,588 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF accounts for 6.7% of Payne Capital LLC’s portfolio, making the stock its 2nd largest holding. Payne Capital LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $7,329,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Aventura Private Wealth LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the fourth quarter worth $25,000. Asset Dedication LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at $26,000. Wealth Watch Advisors INC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at $28,000. GeoWealth Management LLC raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% in the third quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock valued at $34,000 after buying an additional 1,038 shares during the last quarter. Finally, Triumph Capital Management bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at about $34,000.

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

Shares of NYSEARCA SCHR opened at $24.69 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.42 and a 12-month high of $25.42. The firm’s 50-day simple moving average is $24.69 and its 200 day simple moving average is $24.92.

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.