Charles Schwab Investment Management Inc. Boosts Position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Charles Schwab Investment Management Inc. lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 101.7% during the 4th quarter, Holdings Channel reports. The fund owned 217,197,886 shares of the company’s stock after buying an additional 109,531,487 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF comprises 1.0% of Charles Schwab Investment Management Inc.’s portfolio, making the stock its 12th largest holding. Charles Schwab Investment Management Inc. owned 1.31% of Schwab Intermediate-Term U.S. Treasury ETF worth $5,275,737,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SCHR. Stifel Financial Corp raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 4.3% in the 3rd quarter. Stifel Financial Corp now owns 3,898,675 shares of the company’s stock valued at $197,274,000 after buying an additional 159,043 shares during the period. Cornerstone Wealth Advisors Inc. raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 110.8% in the 4th quarter. Cornerstone Wealth Advisors Inc. now owns 3,307,596 shares of the company’s stock valued at $80,342,000 after buying an additional 1,738,457 shares during the period. Pacific Sage Partners LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 105.6% in the 4th quarter. Pacific Sage Partners LLC now owns 2,591,654 shares of the company’s stock valued at $62,951,000 after buying an additional 1,330,912 shares during the period. Avidian Wealth Enterprises LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 109.6% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 2,128,548 shares of the company’s stock valued at $51,702,000 after buying an additional 1,112,804 shares during the period. Finally, Jane Street Group LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 2,032.8% in the 3rd quarter. Jane Street Group LLC now owns 2,049,343 shares of the company’s stock valued at $103,697,000 after buying an additional 1,953,258 shares during the period.

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

Shares of SCHR opened at $24.79 on Tuesday. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $23.89 and a 12-month high of $25.47. The company’s 50-day moving average price is $24.35 and its 200 day moving average price is $24.68.

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.