Meritage Portfolio Management Boosts Stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Meritage Portfolio Management increased its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 128.3% in the 4th quarter, Holdings Channel reports. The fund owned 103,182 shares of the company’s stock after buying an additional 57,981 shares during the quarter. Meritage Portfolio Management’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $2,506,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Stratos Wealth Advisors LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 101.2% in the 4th quarter. Stratos Wealth Advisors LLC now owns 483,118 shares of the company’s stock worth $11,735,000 after purchasing an additional 242,974 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 138.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 84,672 shares of the company’s stock worth $2,057,000 after buying an additional 49,155 shares during the last quarter. Kathleen S. Wright Associates Inc. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 114.8% in the 4th quarter. Kathleen S. Wright Associates Inc. now owns 103,939 shares of the company’s stock worth $2,525,000 after buying an additional 55,554 shares during the last quarter. Columbus Macro LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 52.4% in the fourth quarter. Columbus Macro LLC now owns 134,853 shares of the company’s stock worth $3,276,000 after buying an additional 46,357 shares in the last quarter. Finally, Archer Investment Management LLC bought a new position in Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter valued at approximately $16,941,000.

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

SCHR stock opened at $24.46 on Thursday. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $23.89 and a one year high of $25.47. The company’s 50 day moving average price is $24.37 and its two-hundred day moving average price is $24.73.

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.