Madison Investment Advisors LLC Invests $56.28 Million in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Madison Investment Advisors LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 2,316,840 shares of the company’s stock, valued at approximately $56,276,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 101.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 217,197,886 shares of the company’s stock valued at $5,275,737,000 after buying an additional 109,531,487 shares during the last quarter. Stifel Financial Corp boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.3% during the third quarter. Stifel Financial Corp now owns 3,898,675 shares of the company’s stock valued at $197,274,000 after buying an additional 159,043 shares during the period. Cornerstone Wealth Advisors Inc. raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 110.8% during the fourth quarter. Cornerstone Wealth Advisors Inc. now owns 3,307,596 shares of the company’s stock valued at $80,342,000 after acquiring an additional 1,738,457 shares in the last quarter. Pacific Sage Partners LLC raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 105.6% in the fourth quarter. Pacific Sage Partners LLC now owns 2,591,654 shares of the company’s stock worth $62,951,000 after buying an additional 1,330,912 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 109.6% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 2,128,548 shares of the company’s stock worth $51,702,000 after purchasing an additional 1,112,804 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.3 %

NYSEARCA:SCHR opened at $24.65 on Thursday. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $23.89 and a one year high of $25.47. The firm’s fifty day moving average is $24.41 and its two-hundred day moving average is $24.66.

About Schwab Intermediate-Term U.S. Treasury ETF

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.