Provence Wealth Management Group Sells 3,105 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Provence Wealth Management Group reduced its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 23.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,090 shares of the company’s stock after selling 3,105 shares during the period. Provence Wealth Management Group’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $502,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHR. Axxcess Wealth Management LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 21.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 40,360 shares of the company’s stock worth $2,007,000 after purchasing an additional 7,091 shares during the last quarter. Merit Financial Group LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter worth $3,617,000. Stokes Family Office LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 3.5% in the fourth quarter. Stokes Family Office LLC now owns 231,351 shares of the company’s stock valued at $11,503,000 after buying an additional 7,804 shares during the period. Benjamin F. Edwards & Company Inc. lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 137.3% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 103,687 shares of the company’s stock valued at $5,156,000 after purchasing an additional 60,001 shares during the last quarter. Finally, Oakwell Private Wealth Management LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 7.8% in the 4th quarter. Oakwell Private Wealth Management LLC now owns 122,134 shares of the company’s stock valued at $6,073,000 after purchasing an additional 8,869 shares during the period.

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

Shares of SCHR traded up $0.19 during trading hours on Friday, hitting $48.29. 510,632 shares of the company were exchanged, compared to its average volume of 997,054. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $47.03 and a fifty-two week high of $51.22. The firm’s fifty day moving average is $48.56 and its 200 day moving average is $48.75.

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.