Raymond James Financial Inc. Takes Position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Raymond James Financial Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 230,094 shares of the company’s stock, valued at approximately $5,589,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHR. MCF Advisors LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 100.4% in the 4th quarter. MCF Advisors LLC now owns 1,066 shares of the company’s stock valued at $26,000 after purchasing an additional 534 shares during the period. POM Investment Strategies LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the fourth quarter valued at $27,000. Richard W. Paul & Associates LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Richard W. Paul & Associates LLC now owns 1,720 shares of the company’s stock valued at $42,000 after acquiring an additional 860 shares during the period. Tradewinds Capital Management LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 82.2% during the fourth quarter. Tradewinds Capital Management LLC now owns 2,638 shares of the company’s stock worth $64,000 after acquiring an additional 1,190 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 94.7% during the fourth quarter. Global Retirement Partners LLC now owns 2,696 shares of the company’s stock valued at $65,000 after acquiring an additional 1,311 shares during the period.

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

SCHR opened at $24.67 on Tuesday. The firm’s 50-day simple moving average is $24.49 and its 200-day simple moving average is $24.63. Schwab Intermediate-Term U.S. Treasury ETF has a twelve month low of $23.89 and a twelve month high of $25.47.

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.