Independent Solutions Wealth Management LLC Increases Stake in Schwab Intermediate-Term U.S. Treasury ETF

Independent Solutions Wealth Management LLC has increased its investment in the Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Free Report) by 10.9% during the third quarter, as reported in its latest filing with the SEC. Following this acquisition, the firm now holds a total of 124,606 shares, having purchased an additional 12,261 shares during this timeframe. The Schwab Intermediate-Term U.S. Treasury ETF accounts for 1.4% of Independent Solutions Wealth Management LLC’s overall portfolio, ranking it as the 18th largest holding in their assets. As per the latest SEC filing, the value of Independent Solutions Wealth Management LLC’s holdings in this ETF is approximately $6,305,000.

In addition to Independent Solutions, several other significant investors have made moves concerning Schwab Intermediate-Term U.S. Treasury ETF. Kennebec Savings Bank has acquired a new position in the fund, investing $25,000 in the third quarter. AlphaCore Capital LLC has dramatically increased its stake by 540.9% during the same period, growing its holdings to 564 shares worth around $29,000 after purchasing an extra 476 shares. Richard W. Paul & Associates LLC also entered a new position valued at about $44,000, further showcasing the growing interest in this ETF.

Aptus Capital Advisors LLC increased its stake in this ETF by 434.8% in the second quarter, bringing its holdings to 1,305 shares valued at around $64,000 after acquiring an additional 1,061 shares. Furthermore, Headlands Technologies LLC has entered a new position during the second quarter, investing approximately $98,000 in Schwab Intermediate-Term U.S. Treasury ETF.

Current Trading Status of SCHR

The trading performance for SCHR shows a slight downturn of 0.1%, with shares opening at $24.29. Over the past year, the ETF has recorded a low of $23.89 and a high of $25.47. Its current 50-day simple moving average stands at $24.49, while the 200-day simple moving average is $24.77, indicating its recent trading trends and stability in the market.

About Schwab Intermediate-Term U.S. Treasury ETF

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is designed to invest primarily in investment-grade fixed income securities. This exchange-traded fund tracks a market-value-weighted index, focusing on U.S. Treasury obligations with maturities ranging from 3 to 10 years. Established on August 5, 2010, the fund is managed by Charles Schwab.

Final Thoughts

The strategic adjustments by various investors highlight a growing confidence in the Schwab Intermediate-Term U.S. Treasury ETF, as more funds recognize its potential for stability and returns in the current economic environment. As these trends continue, it may be interesting for both investors and financial analysts alike to watch how SCHR evolves in the coming periods.

investment, ETF, finance