Cornerstone Wealth Advisors Inc. Raises Position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Cornerstone Wealth Advisors Inc. lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 110.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund 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. owned about 1.99% of Schwab Intermediate-Term U.S. Treasury ETF worth $80,342,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Alternative Investment Advisors LLC. raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 772.4% during the third quarter. Alternative Investment Advisors LLC. now owns 41,649 shares of the company’s stock worth $2,107,000 after acquiring an additional 36,875 shares during the period. Independent Solutions Wealth Management LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 10.9% during the third quarter. Independent Solutions Wealth Management LLC now owns 124,606 shares of the company’s stock worth $6,305,000 after acquiring an additional 12,261 shares during the period. Franklin Resources Inc. raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 1.3% during the third quarter. Franklin Resources Inc. now owns 217,590 shares of the company’s stock worth $11,010,000 after acquiring an additional 2,712 shares during the period. Passive Capital Management LLC. raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 0.9% during the second quarter. Passive Capital Management LLC. now owns 79,590 shares of the company’s stock worth $3,882,000 after acquiring an additional 686 shares during the period. Finally, Beacon Wealthcare LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 110.2% during the fourth quarter. Beacon Wealthcare LLC now owns 1,112,228 shares of the company’s stock worth $27,016,000 after acquiring an additional 583,225 shares during the period.

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

Shares of NYSEARCA:SCHR opened at $24.31 on Friday. The firm’s 50 day moving average is $24.38 and its two-hundred day moving average is $24.74. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $23.89 and a 52 week high of $25.47.

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.