Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Shares Purchased by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. increased its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 110.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,307,596 shares of the company’s stock after purchasing an additional 1,738,457 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF comprises about 22.1% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $80,342,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kennebec Savings Bank purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth approximately $25,000. MCF Advisors LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 100.4% in the 4th quarter. MCF Advisors LLC now owns 1,066 shares of the company’s stock worth $26,000 after buying an additional 534 shares in the last quarter. AlphaCore Capital LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 540.9% in the 3rd quarter. AlphaCore Capital LLC now owns 564 shares of the company’s stock worth $29,000 after buying an additional 476 shares in the last quarter. Richard W. Paul & Associates LLC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth approximately $44,000. Finally, Breakwater Investment Management raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 100.0% during the 4th quarter. Breakwater Investment Management now owns 4,354 shares of the company’s stock valued at $106,000 after purchasing an additional 2,177 shares in the last quarter.

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

Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.31 on Friday. The firm’s fifty day simple moving average is $24.38 and its 200-day simple moving average is $24.74. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $23.89 and a 1-year high of $25.47.

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.