Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Shares Purchased by Foster & Motley Inc.

Foster & Motley Inc. grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 109.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,345,573 shares of the company’s stock after purchasing an additional 701,677 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF comprises 2.1% of Foster & Motley Inc.’s portfolio, making the stock its 8th biggest holding. Foster & Motley Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $32,684,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Kennebec Savings Bank bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at approximately $25,000. MCF Advisors LLC boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 100.4% in the fourth quarter. MCF Advisors LLC now owns 1,066 shares of the company’s stock valued at $26,000 after acquiring an additional 534 shares during the period. AlphaCore Capital LLC boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 540.9% in the third quarter. AlphaCore Capital LLC now owns 564 shares of the company’s stock valued at $29,000 after acquiring an additional 476 shares during the period. Richard W. Paul & Associates LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth $44,000. Finally, Breakwater Investment Management increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% during the fourth quarter. Breakwater Investment Management now owns 4,354 shares of the company’s stock worth $106,000 after acquiring an additional 2,177 shares during the period.

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

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.39 on Thursday. The firm has a fifty day moving average price of $24.38 and a two-hundred day moving average price of $24.74. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $23.89 and a fifty-two week 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.