Spectrum Asset Management Inc. NB CA Grows Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Spectrum Asset Management Inc. NB CA increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 183.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 224,809 shares of the company’s stock after purchasing an additional 145,370 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up 1.9% of Spectrum Asset Management Inc. NB CA’s portfolio, making the stock its 17th largest holding. Spectrum Asset Management Inc. NB CA’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $5,638,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. boosted its stake in shares of 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 purchasing an additional 1,449,980 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,896,742 shares of the company’s stock worth $123,055,000 after purchasing an additional 241,925 shares during the period. Bank of America Corp DE boosted its stake in shares of 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 period. Exchange Traded Concepts LLC boosted its stake in shares of 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 period. Finally, Cornerstone Wealth Advisors Inc. boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 2.9% during the 4th quarter. Cornerstone Wealth Advisors Inc. now owns 3,762,996 shares of the company’s stock worth $94,376,000 after purchasing an additional 106,603 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.3%

SCHR stock opened at $24.97 on Wednesday. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.53 and a 12 month high of $25.42. The company has a 50-day moving average price of $25.03 and a 200 day moving average price of $25.10.

Schwab Intermediate-Term U.S. Treasury ETF 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.