Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Bought by UBS Group AG

UBS Group AG boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 41.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 417,692 shares of the company’s stock after acquiring an additional 121,643 shares during the quarter. UBS Group AG’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $10,476,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHR. Ameriprise Financial Inc. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 11.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,681,648 shares of the company’s stock worth $343,724,000 after acquiring an additional 1,449,980 shares during the period. Exchange Traded Concepts LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 46.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 4,029,634 shares of the company’s stock worth $101,063,000 after acquiring an additional 1,280,247 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 44.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,636,388 shares of the company’s stock valued at $91,382,000 after buying an additional 1,126,405 shares during the last quarter. Crane Advisory LLC raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 54.0% during the 4th quarter. Crane Advisory LLC now owns 2,783,217 shares of the company’s stock valued at $69,775,000 after buying an additional 976,360 shares during the last quarter. Finally, Tidal Investments LLC purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at about $12,525,000.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.5%

NYSEARCA SCHR opened at $24.53 on Friday. The stock has a 50-day simple moving average of $24.87 and a two-hundred day simple moving average of $25.04. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.52 and a fifty-two week high of $25.42.

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.