Portland Financial Advisors Inc Raises Holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Portland Financial Advisors Inc increased its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 8.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 16,924 shares of the company’s stock after purchasing an additional 1,264 shares during the quarter. Portland Financial Advisors Inc’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $421,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 49.3% in the 4th 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 in the last quarter. Ameriprise Financial Inc. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 144.3% during the 4th quarter. Ameriprise Financial Inc. now owns 12,675,135 shares of the company’s stock valued at $307,860,000 after acquiring an additional 7,487,107 shares in the last quarter. Bank of America Corp DE raised its holdings in 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 in the last quarter. Stifel Financial Corp boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 99.5% during the fourth quarter. Stifel Financial Corp now owns 7,779,263 shares of the company’s stock worth $188,959,000 after acquiring an additional 3,880,588 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 308.2% during the 4th quarter. JPMorgan Chase & Co. now owns 5,703,976 shares of the company’s stock valued at $138,550,000 after buying an additional 4,306,773 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.4%

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.90 on Wednesday. The firm’s 50-day moving average is $24.78 and its 200 day moving average is $24.68. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.04 and a 1 year high of $25.47.

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.