Alesco Advisors LLC Sells 10,000 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Alesco Advisors LLC trimmed its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 68.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,700 shares of the company’s stock after selling 10,000 shares during the period. Alesco Advisors LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $234,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 6.6% in the third quarter. Royal Bank of Canada now owns 10,320,133 shares of the company’s stock worth $494,747,000 after purchasing an additional 640,943 shares during the period. JPMorgan Chase & Co. grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 5.3% in the third quarter. JPMorgan Chase & Co. now owns 5,661,953 shares of the company’s stock worth $271,434,000 after purchasing an additional 283,476 shares during the period. Ameriprise Financial Inc. grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 19.6% in the third quarter. Ameriprise Financial Inc. now owns 3,557,752 shares of the company’s stock worth $170,574,000 after purchasing an additional 581,860 shares during the period. Stifel Financial Corp grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 5.5% in the third quarter. Stifel Financial Corp now owns 2,939,192 shares of the company’s stock worth $140,906,000 after purchasing an additional 153,965 shares during the period. Finally, Creative Planning grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 348.3% in the third quarter. Creative Planning now owns 1,605,953 shares of the company’s stock worth $76,989,000 after purchasing an additional 1,247,751 shares during the period.

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

SCHR stock traded up $0.05 during midday trading on Friday, hitting $47.92. The stock had a trading volume of 585,855 shares, compared to its average volume of 1,003,060. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $47.03 and a 52-week high of $51.22. The business has a 50-day moving average of $48.64 and a two-hundred day moving average of $48.73.

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.