Fifth Third Bancorp Buys New Position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Fifth Third Bancorp bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,298 shares of the company’s stock, valued at approximately $107,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 101.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 217,197,886 shares of the company’s stock worth $5,275,737,000 after purchasing an additional 109,531,487 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 144.3% in the fourth quarter. Ameriprise Financial Inc. now owns 12,675,135 shares of the company’s stock worth $307,860,000 after purchasing an additional 7,487,107 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 49.3% in the fourth quarter. Royal Bank of Canada now owns 15,936,926 shares of the company’s stock worth $387,108,000 after purchasing an additional 5,259,241 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 107.4% in the fourth quarter. Bank of America Corp DE now owns 8,473,433 shares of the company’s stock worth $205,820,000 after purchasing an additional 4,387,424 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 308.2% in the fourth quarter. JPMorgan Chase & Co. now owns 5,703,976 shares of the company’s stock worth $138,550,000 after purchasing an additional 4,306,773 shares during the last quarter.

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

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.78 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $24.04 and a 52-week high of $25.47. The company’s 50 day moving average price is $24.74 and its 200-day moving average price is $24.59.

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.