Meridian Management Co. Sells 3,576 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Meridian Management Co. lessened its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 4.2% in the first quarter, HoldingsChannel.com reports. The fund owned 81,318 shares of the company’s stock after selling 3,576 shares during the period. Meridian Management Co.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $2,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. TD Private Client Wealth LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.1% during the 1st quarter. TD Private Client Wealth LLC now owns 41,550 shares of the company’s stock worth $1,033,000 after buying an additional 447 shares during the period. Lifeworks Advisors LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.5% during the 1st quarter. Lifeworks Advisors LLC now owns 8,815 shares of the company’s stock worth $219,000 after buying an additional 460 shares during the period. Twele Capital Management Inc. boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 2.6% during the 1st quarter. Twele Capital Management Inc. now owns 19,191 shares of the company’s stock worth $477,000 after buying an additional 487 shares during the period. Pflug Koory LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.6% during the 1st quarter. Pflug Koory LLC now owns 103,253 shares of the company’s stock worth $2,567,000 after buying an additional 608 shares during the period. Finally, HBW Advisory Services LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.3% during the 1st quarter. HBW Advisory Services LLC now owns 15,724 shares of the company’s stock worth $391,000 after buying an additional 642 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.1%

Shares of SCHR stock opened at $24.84 on Monday. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $24.04 and a 52 week high of $25.47. The company has a 50-day simple moving average of $24.77 and a 200 day simple moving average of $24.67.

Schwab Intermediate-Term U.S. Treasury ETF Company 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.