72,742 Shares in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Acquired by Merit Financial Group LLC

Merit Financial Group LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRFree Report) in the 4th quarter, Holdings Channel.com reports. The fund acquired 72,742 shares of the company’s stock, valued at approximately $3,617,000.

Several other institutional investors have also recently modified their holdings of the stock. Financial Gravity Asset Management Inc. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 1,928.6% during the third quarter. Financial Gravity Asset Management Inc. now owns 994 shares of the company’s stock worth $47,000 after buying an additional 945 shares during the period. Howe & Rusling Inc. purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth about $96,000. Roble Belko & Company Inc acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth approximately $106,000. Larson Financial Group LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 15.2% in the third quarter. Larson Financial Group LLC now owns 2,841 shares of the company’s stock valued at $136,000 after purchasing an additional 374 shares during the period. Finally, NBC Securities Inc. acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth approximately $146,000.

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

Shares of SCHR traded up $0.19 during trading hours on Friday, hitting $48.29. The stock had a trading volume of 510,632 shares, compared to its average volume of 997,054. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $47.03 and a 12-month high of $51.22. The company’s fifty day simple moving average is $48.56 and its 200 day simple moving average is $48.74.

Schwab Intermediate-Term U.S. Treasury ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

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