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

Meritage Portfolio Management boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 128.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 103,182 shares of the company’s stock after buying an additional 57,981 shares during the quarter. Meritage Portfolio Management owned approximately 0.06% of Schwab Intermediate-Term U.S. Treasury ETF worth $2,506,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SCHR. Alternative Investment Advisors LLC. grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 772.4% during the 3rd quarter. Alternative Investment Advisors LLC. now owns 41,649 shares of the company’s stock worth $2,107,000 after acquiring an additional 36,875 shares during the period. Independent Solutions Wealth Management LLC boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 10.9% during the third quarter. Independent Solutions Wealth Management LLC now owns 124,606 shares of the company’s stock worth $6,305,000 after purchasing an additional 12,261 shares during the period. Franklin Resources Inc. increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.3% in the third quarter. Franklin Resources Inc. now owns 217,590 shares of the company’s stock worth $11,010,000 after purchasing an additional 2,712 shares in the last quarter. Beacon Wealthcare LLC raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 110.2% in the fourth quarter. Beacon Wealthcare LLC now owns 1,112,228 shares of the company’s stock valued at $27,016,000 after purchasing an additional 583,225 shares during the period. Finally, ORG Partners LLC raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 100.0% in the fourth quarter. ORG Partners LLC now owns 6,090 shares of the company’s stock valued at $148,000 after purchasing an additional 3,045 shares during the period.

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

SCHR opened at $24.46 on Thursday. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $23.89 and a 12 month high of $25.47. The company has a 50 day moving average of $24.37 and a 200 day moving average of $24.73.

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.