Marshall Financial Group LLC Has $13 Million Stock Position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Marshall Financial Group LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 15.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 265,019 shares of the company’s stock after purchasing an additional 36,391 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF comprises approximately 3.7% of Marshall Financial Group LLC’s holdings, making the stock its 4th largest holding. Marshall Financial Group LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $12,999,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 2.9% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 79,489,759 shares of the company’s stock valued at $3,952,231,000 after buying an additional 2,235,047 shares in the last quarter. Royal Bank of Canada raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 6.6% in the 3rd quarter. Royal Bank of Canada now owns 10,320,133 shares of the company’s stock worth $494,747,000 after purchasing an additional 640,943 shares during the last quarter. JPMorgan Chase & Co. grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 5.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,661,953 shares of the company’s stock valued at $271,434,000 after purchasing an additional 283,476 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 19.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,557,752 shares of the company’s stock valued at $170,574,000 after purchasing an additional 581,860 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 8.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,582,920 shares of the company’s stock worth $128,423,000 after buying an additional 206,751 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.4 %

Shares of NYSEARCA:SCHR traded up $0.19 during trading on Thursday, reaching $48.71. 560,652 shares of the stock traded hands, compared to its average volume of 872,648. The stock has a 50-day moving average of $48.52 and a two-hundred day moving average of $48.85. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $47.03 and a 52-week high of $50.00.

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.