Manhattan West Asset Management LLC Has $986,000 Stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Manhattan West Asset Management LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 99.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,613 shares of the company’s stock after purchasing an additional 20,278 shares during the period. Manhattan West Asset Management LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $986,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SCHR. MCF Advisors LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 100.4% during the fourth quarter. MCF Advisors LLC now owns 1,066 shares of the company’s stock worth $26,000 after purchasing an additional 534 shares during the period. Townsend Asset Management Corp NC ADV boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% during the fourth quarter. Townsend Asset Management Corp NC ADV now owns 1,318 shares of the company’s stock worth $32,000 after purchasing an additional 659 shares during the period. Harbour Investments Inc. increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 93.6% in the fourth quarter. Harbour Investments Inc. now owns 1,632 shares of the company’s stock valued at $40,000 after purchasing an additional 789 shares during the last quarter. Richard W. Paul & Associates LLC grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% in the 4th quarter. Richard W. Paul & Associates LLC now owns 1,720 shares of the company’s stock valued at $42,000 after buying an additional 860 shares during the last quarter. Finally, POM Investment Strategies LLC bought a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 4th quarter valued at about $27,000.

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

Shares of SCHR stock opened at $24.55 on Friday. The firm has a 50 day moving average price of $24.65 and a two-hundred day moving average price of $24.58. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $23.89 and a 12-month high of $25.47.

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.