Spectrum Asset Management Inc. NB CA Sells 85,700 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Spectrum Asset Management Inc. NB CA trimmed its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 38.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 139,109 shares of the company’s stock after selling 85,700 shares during the period. Spectrum Asset Management Inc. NB CA’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $3,465,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SCHR. Charles Schwab Investment Management Inc. grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 238,259,660 shares of the company’s stock worth $5,975,552,000 after buying an additional 10,065,870 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 11.9% in the third 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 in the last quarter. JPMorgan Chase & Co. boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 6.2% in the fourth quarter. JPMorgan Chase & Co. now owns 5,200,552 shares of the company’s stock worth $130,430,000 after acquiring an additional 303,810 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 10.4% in the third quarter. Bank of America Corp DE now owns 4,153,770 shares of the company’s stock worth $104,384,000 after acquiring an additional 390,772 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 46.6% in the fourth 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 last quarter.

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

Shares of NYSEARCA:SCHR opened at $24.75 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $24.42 and a 1-year high of $25.42. The business has a fifty day moving average price of $24.68 and a 200-day moving average price of $24.92.

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.