Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Shares Sold by Tran Capital Management L.P.

Tran Capital Management L.P. trimmed its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 59.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,141 shares of the company’s stock after selling 14,668 shares during the period. Tran Capital Management L.P.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $497,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Axxcess Wealth Management LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 449.2% during the 3rd quarter. Axxcess Wealth Management LLC now owns 33,269 shares of the company’s stock worth $1,595,000 after purchasing an additional 27,211 shares in the last quarter. Crane Advisory LLC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 4th quarter worth approximately $22,768,000. Creative Planning grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 348.3% in the 3rd quarter. Creative Planning now owns 1,605,953 shares of the company’s stock worth $76,989,000 after acquiring an additional 1,247,751 shares during the period. Resonant Capital Advisors LLC grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 8.7% in the 4th quarter. Resonant Capital Advisors LLC now owns 624,151 shares of the company’s stock worth $31,033,000 after acquiring an additional 50,112 shares during the period. Finally, CWM LLC grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 28.9% in the 4th quarter. CWM LLC now owns 766,701 shares of the company’s stock worth $38,120,000 after acquiring an additional 171,936 shares during the period.

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

SCHR stock traded up $0.19 during midday trading on Thursday, hitting $48.71. The stock had a trading volume of 560,652 shares, compared to its average volume of 872,648. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $47.03 and a 12-month high of $50.00. The company’s 50-day moving average price is $48.50 and its 200 day moving average price is $48.85.

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.