Financial & Tax Architects LLC Boosts Holdings in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Financial & Tax Architects LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 19.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 164,648 shares of the company’s stock after acquiring an additional 26,828 shares during the quarter. Financial & Tax Architects LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $4,101,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SCHR. Charles Schwab Investment Management Inc. boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.4% in 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 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 valued at $343,724,000 after purchasing an additional 1,449,980 shares during the period. JPMorgan Chase & Co. increased its position in 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 worth $130,430,000 after purchasing an additional 303,810 shares during the last quarter. Bank of America Corp DE increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 10.4% during the third 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 raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 46.6% during the fourth 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.

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

NYSEARCA:SCHR opened at $24.66 on Wednesday. The firm’s 50 day moving average is $24.67 and its two-hundred day moving average is $24.92. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.42 and a fifty-two 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.