Downshift Financial LLC Buys New Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Downshift Financial LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 544,824 shares of the company’s stock, valued at approximately $13,656,000. Schwab Intermediate-Term U.S. Treasury ETF comprises about 8.4% of Downshift Financial LLC’s portfolio, making the stock its 3rd largest holding. Downshift Financial LLC owned approximately 0.11% of Schwab Intermediate-Term U.S. Treasury ETF as of its most recent SEC filing.

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

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

SCHR opened at $24.61 on Friday. The stock has a 50-day moving average price of $24.71 and a 200-day moving average price of $24.94. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.42 and a 1 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.