Envestnet Asset Management Inc. Buys 1,362,775 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Envestnet Asset Management Inc. increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 158.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,223,082 shares of the company’s stock after acquiring an additional 1,362,775 shares during the quarter. Envestnet Asset Management Inc. owned about 1.34% of Schwab Intermediate-Term U.S. Treasury ETF worth $53,999,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. MCF Advisors LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 100.4% during the 4th quarter. MCF Advisors LLC now owns 1,066 shares of the company’s stock worth $26,000 after purchasing an additional 534 shares in the last quarter. POM Investment Strategies LLC bought a new position in Schwab Intermediate-Term U.S. Treasury ETF in the fourth quarter valued at about $27,000. Townsend Asset Management Corp NC ADV raised its position in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% in the fourth quarter. Townsend Asset Management Corp NC ADV now owns 1,318 shares of the company’s stock valued at $32,000 after purchasing an additional 659 shares during the last quarter. Harbour Investments Inc. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 93.6% during the fourth quarter. Harbour Investments Inc. now owns 1,632 shares of the company’s stock worth $40,000 after acquiring an additional 789 shares during the last quarter. Finally, Sanctuary Wealth Management L.L.C. bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter worth about $41,000.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.4 %

NYSEARCA SCHR opened at $24.74 on Thursday. The business has a 50 day simple moving average of $24.64 and a 200 day simple moving average of $24.59. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $23.89 and a one year high of $25.47.

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.