Chesapeake Wealth Management bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 133,559 shares of the company’s stock, valued at approximately $3,089,000.
Several other institutional investors have also recently made changes to their positions in SCHR. Charles Schwab Investment Management Inc. raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 238,259,660 shares of the company’s stock valued at $5,975,552,000 after purchasing an additional 10,065,870 shares during the period. Royal Bank of Canada boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 1.5% in the 1st quarter. Royal Bank of Canada now owns 17,334,539 shares of the company’s stock worth $431,805,000 after purchasing an additional 253,371 shares during the period. Bank of America Corp DE grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 19.7% during the 1st quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock valued at $154,170,000 after buying an additional 1,016,874 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 6.2% during the fourth quarter. JPMorgan Chase & Co. now owns 5,200,552 shares of the company’s stock valued at $130,430,000 after buying an additional 303,810 shares during the period. Finally, Pacific Sage Partners LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 9.6% during the first quarter. Pacific Sage Partners LLC now owns 3,480,010 shares of the company’s stock valued at $86,687,000 after buying an additional 306,106 shares during the period.
Schwab Intermediate-Term U.S. Treasury ETF Stock Performance
SCHR stock opened at $24.20 on Wednesday. The firm has a 50 day moving average of $24.47 and a 200-day moving average of $24.72. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.20 and a 12 month high of $25.42.
About Schwab Intermediate-Term U.S. Treasury ETF
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.
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