W.H. Cornerstone Investments Inc. Buys Shares of 28,600 Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

W.H. Cornerstone Investments Inc. purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 28,600 shares of the company’s stock, valued at approximately $1,422,000. Schwab Intermediate-Term U.S. Treasury ETF comprises 1.1% of W.H. Cornerstone Investments Inc.’s investment portfolio, making the stock its 20th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Axxcess Wealth Management LLC boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 449.2% in the 3rd quarter. Axxcess Wealth Management LLC now owns 33,269 shares of the company’s stock worth $1,595,000 after buying an additional 27,211 shares during the last quarter. Crane Advisory LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 4th quarter valued at about $22,768,000. Creative Planning lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 348.3% in the 3rd quarter. Creative Planning now owns 1,605,953 shares of the company’s stock worth $76,989,000 after purchasing an additional 1,247,751 shares during the period. Royal Bank of Canada boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 6.6% in the third quarter. Royal Bank of Canada now owns 10,320,133 shares of the company’s stock worth $494,747,000 after buying an additional 640,943 shares during the last quarter. Finally, CWM LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 28.9% during the fourth quarter. CWM LLC now owns 766,701 shares of the company’s stock valued at $38,120,000 after buying an additional 171,936 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.4 %

SCHR traded up $0.19 during trading on Friday, hitting $48.29. The company’s stock had a trading volume of 510,632 shares, compared to its average volume of 997,054. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $47.03 and a one year high of $51.22. The business’s 50 day simple moving average is $48.56 and its 200-day simple moving average is $48.76.

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.