Massmutual Trust Co. FSB ADV Expands Ownership in Schwab Intermediate-Term U.S. Treasury ETF

Massmutual Trust Co. FSB ADV has significantly increased its investment in the Schwab Intermediate-Term U.S. Treasury ETF, ticker NYSEARCA:SCHR. During the third quarter, the firm purchased an additional 147,102 shares, marking a 69.2% increase in its holdings. This latest acquisition brings the company's total shares to 359,650, valued at approximately $17.24 million.

Other Investors Adjusting Stakes

Other institutional investors and hedge funds made adjustments in their SCHR positions as well. Capital Asset Advisory Services LLC saw a modest increase in their holdings by 0.7%, while Asset Management Group Inc. increased theirs by 2.9%. Synovus Financial Corp saw a 2.2% rise in holdings. Harbour Investments Inc. improved its stake by 17.4%, and Leavell Investment Management Inc. increased theirs by 4.0%.

ETF Performance and Details

The SCHR ETF, which opened at $49.42 on the reported trading day, fluctuates between a 1-year low of $47.03 and a 1-year high of $51.22. The ETF's performance tracks a 50-day simple moving average of $48.08 and a 200-day simple moving average of $48.60.

The ETF itself focuses on investment-grade fixed income, specifically following a market-value-weighted index of US Treasury securities with maturities ranging from three to ten years. Managed by Charles Schwab, the SCHR was first launched on August 5, 2010.

Investment Considerations

Investors tracking hedge fund holdings and insider trades can find updated information on sites like HoldingsChannel.com. Such data provide insights into the investment strategies of large financial institutions and can serve as a useful resource for individual investors.

Access to daily news updates and analysts' ratings on SCHR and similar ETFs is also available, allowing investors to stay informed on the latest market changes and opinions.

Massmutual, Schwab, ETF