Intelligence Driven Advisers LLC Has $39.52 Million Holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Intelligence Driven Advisers LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 65.6% during the 4th quarter, HoldingsChannel reports. The firm owned 1,627,063 shares of the company’s stock after acquiring an additional 644,494 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF comprises 7.4% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 5th largest position. Intelligence Driven Advisers LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $39,521,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in SCHR. AlphaCore Capital LLC increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 540.9% in the 3rd quarter. AlphaCore Capital LLC now owns 564 shares of the company’s stock worth $29,000 after purchasing an additional 476 shares in the last quarter. Kennebec Savings Bank bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $25,000. MCF Advisors LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 100.4% during the fourth quarter. MCF Advisors LLC now owns 1,066 shares of the company’s stock worth $26,000 after purchasing an additional 534 shares during the last quarter. Alesco Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 6.8% in the third quarter. Alesco Advisors LLC now owns 12,025 shares of the company’s stock valued at $608,000 after buying an additional 765 shares during the period. Finally, 1620 Investment Advisors Inc. raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 45.9% in the 3rd quarter. 1620 Investment Advisors Inc. now owns 2,718 shares of the company’s stock valued at $138,000 after buying an additional 855 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.5 %

NYSEARCA:SCHR opened at $24.22 on Thursday. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $23.89 and a one year high of $25.47. The firm’s 50 day simple moving average is $24.35 and its 200 day simple moving average is $24.72.

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.