Fifth Third Bancorp Has $2.30 Million Stock Holdings in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Fifth Third Bancorp increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 6,403.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,156 shares of the company’s stock after purchasing an additional 90,739 shares during the quarter. Fifth Third Bancorp’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $2,296,000 at the end of the most recent quarter.

Other institutional investors 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% in 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 buying an additional 10,065,870 shares in the last quarter. JPMorgan Chase & Co. increased its holdings 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 worth $130,430,000 after buying an additional 303,810 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 10.4% during the third quarter. Bank of America Corp DE now owns 4,153,770 shares of the company’s stock worth $104,384,000 after buying an additional 390,772 shares in the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 46.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 4,029,634 shares of the company’s stock valued at $101,063,000 after acquiring an additional 1,280,247 shares during the last quarter. Finally, Cornerstone Wealth Advisors Inc. raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 2.9% in the fourth quarter. Cornerstone Wealth Advisors Inc. now owns 3,762,996 shares of the company’s stock valued at $94,376,000 after acquiring an additional 106,603 shares during the last quarter.

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

Shares of SCHR opened at $24.44 on Wednesday. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $24.42 and a one year high of $25.42. The business’s 50 day simple moving average is $24.58 and its 200-day simple moving average is $24.85.

Schwab Intermediate-Term U.S. Treasury ETF Company 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.