159,762 Schwab Intermediate-Term U.S. Treasury ETF $SCHR Shares Purchased by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 3.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,279,824 shares of the company’s stock after buying an additional 159,762 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF comprises approximately 21.3% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its largest holding. Cornerstone Wealth Advisors Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $101,432,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. White Pine Investment CO bought a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at approximately $11,489,000. Mather Group LLC. bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at about $29,000. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at approximately $3,060,000. RCS Financial Planning LLC raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 619.0% in the 3rd quarter. RCS Financial Planning LLC now owns 252,914 shares of the company’s stock valued at $5,994,000 after buying an additional 217,740 shares in the last quarter. Finally, WestHill Financial Advisors Inc. boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 7.6% during the 3rd quarter. WestHill Financial Advisors Inc. now owns 1,388,580 shares of the company’s stock valued at $32,909,000 after acquiring an additional 98,477 shares in the last quarter.

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

Shares of SCHR opened at $23.90 on Friday. The company has a 50-day moving average price of $24.07 and a two-hundred day moving average price of $24.44. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $23.57 and a 12 month high of $25.42.

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.