Valmark Advisers Inc. Purchases 13,783 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Valmark Advisers Inc. grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 21.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,839 shares of the company’s stock after purchasing an additional 13,783 shares during the period. Valmark Advisers Inc. owned about 0.05% of Schwab Intermediate-Term U.S. Treasury ETF worth $3,870,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 6.6% during the third quarter. Royal Bank of Canada now owns 10,320,133 shares of the company’s stock worth $494,747,000 after purchasing an additional 640,943 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 5.3% during the third quarter. JPMorgan Chase & Co. now owns 5,661,953 shares of the company’s stock worth $271,434,000 after purchasing an additional 283,476 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 19.6% in the third quarter. Ameriprise Financial Inc. now owns 3,557,752 shares of the company’s stock worth $170,574,000 after buying an additional 581,860 shares during the period. Stifel Financial Corp increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.5% in the third quarter. Stifel Financial Corp now owns 2,939,192 shares of the company’s stock worth $140,906,000 after buying an additional 153,965 shares during the period. Finally, Creative Planning increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 348.3% in the third quarter. Creative Planning now owns 1,605,953 shares of the company’s stock worth $76,989,000 after buying an additional 1,247,751 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.1 %

Shares of SCHR traded up $0.05 during trading hours on Friday, hitting $47.92. The company had a trading volume of 620,279 shares, compared to its average volume of 1,003,060. The stock’s 50 day moving average price is $48.64 and its 200 day moving average price is $48.73. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $47.03 and a 52-week high of $51.22.

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.