Farrow Financial Inc. Buys 132,827 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Farrow Financial Inc. increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 1,657.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 140,842 shares of the company’s stock after acquiring an additional 132,827 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF makes up about 2.0% of Farrow Financial Inc.’s portfolio, making the stock its 14th largest position. Farrow Financial Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $3,532,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SCHR. Clearstead Advisors LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 8.2% in the third quarter. Clearstead Advisors LLC now owns 1,714,017 shares of the company’s stock valued at $43,073,000 after buying an additional 130,244 shares in the last quarter. Belpointe Asset Management LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 162.4% in the third quarter. Belpointe Asset Management LLC now owns 48,033 shares of the company’s stock valued at $1,207,000 after buying an additional 29,728 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.9% in the third quarter. Avidian Wealth Enterprises LLC now owns 2,051,937 shares of the company’s stock valued at $51,565,000 after buying an additional 77,125 shares in the last quarter. Csenge Advisory Group lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 27.5% in the third quarter. Csenge Advisory Group now owns 114,406 shares of the company’s stock valued at $2,875,000 after buying an additional 24,702 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 82.0% in the third quarter. Commonwealth Equity Services LLC now owns 360,038 shares of the company’s stock valued at $9,048,000 after buying an additional 162,261 shares in the last quarter.

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

Schwab Intermediate-Term U.S. Treasury ETF stock opened at $25.01 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $24.53 and a 1-year high of $25.42. The firm’s fifty day moving average price is $25.03 and its two-hundred day moving average price is $25.10.

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.