Schwab Intermediate-Term U.S. Treasury ETF $SCHR Stake Boosted by Morton Brown Family Wealth LLC

Morton Brown Family Wealth LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 15.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 675,334 shares of the company’s stock after purchasing an additional 91,143 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up about 4.6% of Morton Brown Family Wealth LLC’s portfolio, making the stock its 7th biggest position. Morton Brown Family Wealth LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $16,937,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Walker Financial Services Inc. increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 25.2% during the fourth quarter. Walker Financial Services Inc. now owns 443,050 shares of the company’s stock valued at $11,112,000 after buying an additional 89,136 shares during the period. WealthCollab LLC purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter valued at $79,000. Meritage Portfolio Management increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.9% during the fourth quarter. Meritage Portfolio Management now owns 120,015 shares of the company’s stock valued at $3,010,000 after buying an additional 5,648 shares during the period. BLVD Private Wealth LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 10.8% during the fourth quarter. BLVD Private Wealth LLC now owns 235,611 shares of the company’s stock valued at $5,909,000 after buying an additional 22,888 shares during the period. Finally, PFG Advisors increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.1% during the fourth quarter. PFG Advisors now owns 17,607 shares of the company’s stock valued at $442,000 after buying an additional 523 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.0%

SCHR opened at $24.91 on Thursday. The business’s 50-day moving average is $25.02 and its two-hundred day moving average is $25.09. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.53 and a 1 year 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.