TrinityPoint Wealth LLC Buys 4,951 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

TrinityPoint Wealth LLC grew its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 103.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,751 shares of the company’s stock after acquiring an additional 4,951 shares during the quarter. TrinityPoint Wealth LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $237,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SCHR. Charles Schwab Investment Management Inc. lifted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 101.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 217,197,886 shares of the company’s stock valued at $5,275,737,000 after purchasing an additional 109,531,487 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 144.3% during the fourth quarter. Ameriprise Financial Inc. now owns 12,675,135 shares of the company’s stock valued at $307,860,000 after purchasing an additional 7,487,107 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 49.3% during the fourth quarter. Royal Bank of Canada now owns 15,936,926 shares of the company’s stock valued at $387,108,000 after purchasing an additional 5,259,241 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 107.4% during the fourth quarter. Bank of America Corp DE now owns 8,473,433 shares of the company’s stock valued at $205,820,000 after purchasing an additional 4,387,424 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 308.2% during the fourth quarter. JPMorgan Chase & Co. now owns 5,703,976 shares of the company’s stock valued at $138,550,000 after purchasing an additional 4,306,773 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.0%

Shares of NYSEARCA:SCHR opened at $24.65 on Monday. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.02 and a 1 year high of $25.47. The stock’s fifty day moving average price is $24.78 and its 200-day moving average price is $24.55.

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.