West Paces Advisors Inc. Invests $441,000 in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

West Paces Advisors Inc. purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 8,865 shares of the company’s stock, valued at approximately $441,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Charles Schwab Investment Advisory Inc. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 13,385,496 shares of the company’s stock valued at $712,778,000 after acquiring an additional 587,984 shares in the last quarter. Royal Bank of Canada raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 6.6% during the 3rd quarter. Royal Bank of Canada now owns 10,320,133 shares of the company’s stock valued at $494,747,000 after buying an additional 640,943 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 5.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,661,953 shares of the company’s stock valued at $271,434,000 after buying an additional 283,476 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 19.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,557,752 shares of the company’s stock valued at $170,574,000 after buying an additional 581,860 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 5.5% during the 3rd quarter. Stifel Financial Corp now owns 2,939,192 shares of the company’s stock valued at $140,906,000 after buying an additional 153,965 shares during the last quarter.

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

SCHR traded down $0.14 during mid-day trading on Tuesday, reaching $47.85. 979,442 shares of the company traded hands, compared to its average volume of 1,031,887. The company’s fifty day moving average price is $48.83 and its 200-day moving average price is $48.72. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $47.03 and a 52-week high of $51.22.

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.