Fagan Associates Inc. Buys 11,748 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Fagan Associates Inc. raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 99.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 23,613 shares of the company’s stock after purchasing an additional 11,748 shares during the quarter. Fagan Associates Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $574,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 29.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 107,666,399 shares of the company’s stock worth $5,447,920,000 after purchasing an additional 24,494,209 shares during the period. Stifel Financial Corp increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.3% during the 3rd quarter. Stifel Financial Corp now owns 3,898,675 shares of the company’s stock worth $197,274,000 after purchasing an additional 159,043 shares during the period. Cornerstone Wealth Advisors Inc. increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 110.8% during the 4th quarter. Cornerstone Wealth Advisors Inc. now owns 3,307,596 shares of the company’s stock worth $80,342,000 after purchasing an additional 1,738,457 shares during the period. Pacific Sage Partners LLC increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 105.6% during the 4th quarter. Pacific Sage Partners LLC now owns 2,591,654 shares of the company’s stock worth $62,951,000 after purchasing an additional 1,330,912 shares during the period. Finally, Avidian Wealth Enterprises LLC boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 109.6% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 2,128,548 shares of the company’s stock valued at $51,702,000 after acquiring an additional 1,112,804 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.2 %

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.33 on Wednesday. The firm’s 50-day simple moving average is $24.32 and its 200-day simple moving average is $24.71. Schwab Intermediate-Term U.S. Treasury ETF has a twelve month low of $23.89 and a twelve month 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.