Foster & Motley Inc. Buys 78,381 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Foster & Motley Inc. grew its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 15.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 586,391 shares of the company’s stock after purchasing an additional 78,381 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF makes up 2.0% of Foster & Motley Inc.’s holdings, making the stock its 8th biggest position. Foster & Motley Inc. owned about 0.35% of Schwab Intermediate-Term U.S. Treasury ETF worth $28,598,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of SCHR. Sound Income Strategies LLC grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 76,400.0% in the first quarter. Sound Income Strategies LLC now owns 765 shares of the company’s stock valued at $38,000 after purchasing an additional 764 shares during the period. Aptus Capital Advisors LLC boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 434.8% during the second quarter. Aptus Capital Advisors LLC now owns 1,305 shares of the company’s stock worth $64,000 after acquiring an additional 1,061 shares during the last quarter. Pineridge Advisors LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the first quarter worth about $66,000. BOK Financial Private Wealth Inc. acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the first quarter worth about $71,000. Finally, 1620 Investment Advisors Inc. acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the second quarter worth about $91,000.

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

SCHR traded up $0.01 on Thursday, reaching $50.48. 164,939 shares of the company’s stock were exchanged, compared to its average volume of 999,081. Schwab Intermediate-Term U.S. Treasury ETF has a twelve month low of $47.03 and a twelve month high of $50.69. The stock’s fifty day moving average price is $49.64 and its 200-day moving average price is $48.95.

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.