Comerica Bank Has $1.69 Million Stock Position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Comerica Bank increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 37.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,497 shares of the company’s stock after purchasing an additional 19,103 shares during the period. Comerica Bank’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $1,688,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHR. Charles Schwab Investment Management Inc. boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 101.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 217,197,886 shares of the company’s stock worth $5,275,737,000 after purchasing an additional 109,531,487 shares in the last quarter. Stifel Financial Corp lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 99.5% during the fourth quarter. Stifel Financial Corp now owns 7,779,263 shares of the company’s stock worth $188,959,000 after acquiring an additional 3,880,588 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 308.2% in the fourth quarter. JPMorgan Chase & Co. now owns 5,703,976 shares of the company’s stock valued at $138,550,000 after acquiring an additional 4,306,773 shares during the period. Cornerstone Wealth Advisors Inc. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 110.8% during the fourth quarter. Cornerstone Wealth Advisors Inc. now owns 3,307,596 shares of the company’s stock worth $80,342,000 after purchasing an additional 1,738,457 shares during the period. Finally, Pacific Sage Partners LLC raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 105.6% during the fourth quarter. Pacific Sage Partners LLC now owns 2,591,654 shares of the company’s stock worth $62,951,000 after purchasing an additional 1,330,912 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.0 %

Shares of SCHR opened at $24.74 on Friday. The stock has a 50 day simple moving average of $24.79 and a 200 day simple moving average of $24.56. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $24.02 and a 52-week high of $25.47.

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.