GSB Wealth Management LLC Makes New Investment in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

GSB Wealth Management LLC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,184 shares of the company’s stock, valued at approximately $58,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHR. Morningstar Investment Management LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the first quarter valued at approximately $47,110,000. Assetmark Inc. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 8,036.9% in the first quarter. Assetmark Inc. now owns 873,742 shares of the company’s stock valued at $44,063,000 after buying an additional 863,004 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 285.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,054,084 shares of the company’s stock valued at $56,130,000 after buying an additional 780,518 shares in the last quarter. Charles Schwab Investment Advisory Inc. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.6% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 13,385,496 shares of the company’s stock valued at $712,778,000 after buying an additional 587,984 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 8.7% in the first quarter. Royal Bank of Canada now owns 5,354,719 shares of the company’s stock valued at $285,139,000 after buying an additional 427,059 shares in the last quarter.

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

Shares of NYSEARCA:SCHR opened at $48.45 on Thursday. The company’s 50 day simple moving average is $48.80 and its 200 day simple moving average is $49.56. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $48.09 and a 1 year high of $51.22.

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.