Axxcess Wealth Management LLC Purchases 7,091 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Axxcess Wealth Management LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 21.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 40,360 shares of the company’s stock after buying an additional 7,091 shares during the period. Axxcess Wealth Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $2,007,000 at the end of the most recent quarter.

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

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

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock traded up $0.19 during trading on Friday, reaching $48.29. The stock had a trading volume of 510,632 shares, compared to its average volume of 997,054. The stock has a fifty day moving average price of $48.56 and a two-hundred day moving average price of $48.75. 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 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.