PNC Financial Services Group Inc. Cuts Stake in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

PNC Financial Services Group Inc. lowered its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 21.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,281 shares of the company’s stock after selling 615 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $57,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Ameriprise Financial Inc. increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 144.3% in the 4th quarter. Ameriprise Financial Inc. now owns 12,675,135 shares of the company’s stock valued at $307,860,000 after purchasing an additional 7,487,107 shares in the last quarter. Royal Bank of Canada increased 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 valued at $387,108,000 after purchasing an additional 5,259,241 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 107.4% in the 4th quarter. Bank of America Corp DE now owns 8,473,433 shares of the company’s stock valued at $205,820,000 after purchasing an additional 4,387,424 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 213.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,324,717 shares of the company’s stock valued at $80,757,000 after purchasing an additional 2,263,721 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 8,087.1% in the 1st quarter. Assetmark Inc. now owns 1,544,000 shares of the company’s stock valued at $38,384,000 after purchasing an additional 1,525,141 shares in the last quarter.

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

Shares of SCHR opened at $24.92 on Friday. The company has a 50-day simple moving average of $24.87 and a 200-day simple moving average of $24.75. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $24.04 and a 52-week 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.