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

Cornerstone Wealth Advisors Inc. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 3.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 4,279,824 shares of the company’s stock after acquiring an additional 159,762 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF comprises approximately 21.3% of Cornerstone Wealth Advisors Inc.’s holdings, making the stock its biggest holding. Cornerstone Wealth Advisors Inc. owned 0.77% of Schwab Intermediate-Term U.S. Treasury ETF worth $101,432,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 103.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,469,330 shares of the company’s stock valued at $233,514,000 after purchasing an additional 4,821,340 shares in the last quarter. Avidian Wealth Enterprises LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $59,923,000. Financial Life Advisors bought a new position in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter worth about $36,389,000. Bank of America Corp DE increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 19.7% in the first quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock worth $154,170,000 after buying an additional 1,016,874 shares during the period. Finally, Waverly Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1,269.1% in the first quarter. Waverly Advisors LLC now owns 794,905 shares of the company’s stock valued at $19,801,000 after purchasing an additional 736,844 shares during the period.

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

Shares of SCHR opened at $23.90 on Friday. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $23.57 and a one year high of $25.42. The stock’s fifty day moving average is $24.07 and its 200-day moving average is $24.44.

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.