Morton Brown Family Wealth LLC Has $17.48 Million Holdings in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Morton Brown Family Wealth LLC increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 3.9% during the 1st quarter, Holdings Channel.com reports. The fund owned 701,706 shares of the company’s stock after acquiring an additional 26,372 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF accounts for about 4.6% of Morton Brown Family Wealth LLC’s portfolio, making the stock its 7th largest position. Morton Brown Family Wealth LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $17,480,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 4.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 238,259,660 shares of the company’s stock valued at $5,975,552,000 after purchasing an additional 10,065,870 shares in the last quarter. AlphaQuest LLC raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 643.7% in the 4th quarter. AlphaQuest LLC now owns 1,921,346 shares of the company’s stock worth $48,187,000 after buying an additional 1,662,992 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 11.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,681,648 shares of the company’s stock worth $343,724,000 after buying an additional 1,449,980 shares in the last quarter. Hapanowicz & Associates Financial Services Inc raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5,011.0% in the 4th quarter. Hapanowicz & Associates Financial Services Inc now owns 1,336,122 shares of the company’s stock worth $33,510,000 after buying an additional 1,309,980 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 46.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 4,029,634 shares of the company’s stock worth $101,063,000 after buying an additional 1,280,247 shares during the period.

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

Shares of SCHR stock opened at $24.69 on Friday. The stock’s fifty day simple moving average is $24.69 and its 200 day simple moving average is $24.92. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $24.42 and a one year high of $25.42.

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.