Cornerstone Wealth Advisors Inc. Acquires 185,752 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Cornerstone Wealth Advisors Inc. increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 5.4% in the third quarter, Holdings Channel reports. The firm owned 3,656,393 shares of the company’s stock after buying an additional 185,752 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF accounts for 22.2% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $91,885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Hoey Investments Inc. purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the second quarter valued at about $37,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the second quarter worth about $44,000. Pin Oak Investment Advisors Inc. acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter valued at about $62,000. Berkshire Money Management Inc. purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter valued at approximately $65,000. Finally, Geneos Wealth Management Inc. raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 414.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,696 shares of the company’s stock valued at $67,000 after acquiring an additional 2,172 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.0%

Shares of SCHR stock opened at $25.04 on Wednesday. The business’s 50 day moving average is $25.18 and its two-hundred day moving average is $25.05. Schwab Intermediate-Term U.S. Treasury ETF has a twelve month low of $24.04 and a twelve month high of $25.35.

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.