Charles Schwab Trust Co Raises Stock Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Charles Schwab Trust Co boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 39.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 73,323 shares of the company’s stock after buying an additional 20,580 shares during the quarter. Charles Schwab Trust Co’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $1,835,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHR. Royal Bank of Canada grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 16.5% during the first quarter. Royal Bank of Canada now owns 18,570,658 shares of the company’s stock valued at $461,667,000 after buying an additional 2,633,732 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 219,369,491 shares of the company’s stock valued at $5,453,526,000 after purchasing an additional 2,171,605 shares during the period. Exchange Traded Concepts LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the second quarter valued at about $43,567,000. Assetmark Inc. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 8,087.1% during the first quarter. Assetmark Inc. now owns 1,544,000 shares of the company’s stock worth $38,384,000 after acquiring an additional 1,525,141 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 52.5% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 3,256,103 shares of the company’s stock worth $81,500,000 after acquiring an additional 1,120,524 shares during the last quarter.

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

Shares of SCHR stock opened at $25.07 on Friday. The firm’s 50-day moving average is $25.04 and its two-hundred day moving average is $24.86. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.04 and a 12 month high of $25.38.

Schwab Intermediate-Term U.S. Treasury ETF 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.