Maridea Wealth Management LLC Raises Stock Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Maridea Wealth Management LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 20.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 295,042 shares of the company’s stock after purchasing an additional 50,281 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up approximately 1.1% of Maridea Wealth Management LLC’s holdings, making the stock its 21st largest position. Maridea Wealth Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $7,349,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 1st quarter valued at $1,469,000. Jane Street Group LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1,697.2% in the first quarter. Jane Street Group LLC now owns 158,279 shares of the company’s stock worth $3,935,000 after acquiring an additional 149,472 shares during the period. Geneos Wealth Management Inc. increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 414.5% during the first quarter. Geneos Wealth Management Inc. now owns 2,696 shares of the company’s stock valued at $67,000 after acquiring an additional 2,172 shares during the last quarter. NewEdge Advisors LLC increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 32.8% during the second quarter. NewEdge Advisors LLC now owns 24,875 shares of the company’s stock valued at $623,000 after acquiring an additional 6,147 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 38.0% in the second quarter. Raymond James Financial Inc. now owns 342,715 shares of the company’s stock valued at $8,578,000 after acquiring an additional 94,412 shares during the period.

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

Shares of NYSEARCA:SCHR opened at $24.75 on Friday. The stock’s 50-day simple moving average is $24.68 and its two-hundred day simple moving average is $24.92. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $24.42 and a 52-week high of $25.42.

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.