Schwab Intermediate-Term U.S. Treasury ETF $SCHR Position Cut by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB reduced its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 99.3% during the 2nd quarter, Holdings Channel reports. The fund owned 3,137 shares of the company’s stock after selling 449,947 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $77,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 4.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 238,259,660 shares of the company’s stock worth $5,975,552,000 after acquiring an additional 10,065,870 shares during the period. Royal Bank of Canada increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.5% during the first quarter. Royal Bank of Canada now owns 17,334,539 shares of the company’s stock valued at $431,805,000 after purchasing an additional 253,371 shares during the period. Bank of America Corp DE increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 19.7% during the first quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock valued at $154,170,000 after purchasing an additional 1,016,874 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 6.2% during the fourth quarter. JPMorgan Chase & Co. now owns 5,200,552 shares of the company’s stock valued at $130,430,000 after purchasing an additional 303,810 shares in the last quarter. Finally, Pacific Sage Partners LLC raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 9.6% during the first quarter. Pacific Sage Partners LLC now owns 3,480,010 shares of the company’s stock valued at $86,687,000 after purchasing an additional 306,106 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.2%

SCHR stock opened at $24.43 on Friday. The company has a 50-day simple moving average of $24.53 and a 200 day simple moving average of $24.79. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.33 and a fifty-two week high of $25.42.

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.