Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Sold by Midwest Trust Co

Midwest Trust Co decreased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 48.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 499,367 shares of the company’s stock after selling 460,671 shares during the period. Midwest Trust Co’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $12,439,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 238,259,660 shares of the company’s stock worth $5,975,552,000 after acquiring an additional 10,065,870 shares during the last quarter. Ameriprise Financial Inc. grew its stake 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 valued at $343,724,000 after purchasing an additional 1,449,980 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 6.2% during the 4th quarter. JPMorgan Chase & Co. now owns 5,200,552 shares of the company’s stock valued at $130,430,000 after purchasing an additional 303,810 shares in the last quarter. Bank of America Corp DE increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 10.4% during the 3rd quarter. Bank of America Corp DE now owns 4,153,770 shares of the company’s stock worth $104,384,000 after purchasing an additional 390,772 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings 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 purchasing an additional 1,280,247 shares during the last quarter.

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

Shares of SCHR opened at $24.50 on Monday. The business’s 50 day moving average is $24.62 and its two-hundred day moving average is $24.88. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $24.42 and a 52-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.