Beacon Pointe Advisors LLC Increases Position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Beacon Pointe Advisors LLC lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 100.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 20,200 shares of the company’s stock after purchasing an additional 10,100 shares during the period. Beacon Pointe Advisors LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $491,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. MCF Advisors LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 100.4% during the fourth quarter. MCF Advisors LLC now owns 1,066 shares of the company’s stock worth $26,000 after acquiring an additional 534 shares during the last quarter. Townsend Asset Management Corp NC ADV increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 100.0% during the 4th quarter. Townsend Asset Management Corp NC ADV now owns 1,318 shares of the company’s stock valued at $32,000 after purchasing an additional 659 shares during the last quarter. Harbour Investments Inc. raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 93.6% during the 4th quarter. Harbour Investments Inc. now owns 1,632 shares of the company’s stock valued at $40,000 after buying an additional 789 shares during the period. Richard W. Paul & Associates LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 100.0% during the 4th quarter. Richard W. Paul & Associates LLC now owns 1,720 shares of the company’s stock valued at $42,000 after buying an additional 860 shares during the period. Finally, POM Investment Strategies LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the fourth quarter worth $27,000.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.5 %

SCHR stock opened at $24.81 on Friday. The firm’s fifty day simple moving average is $24.78 and its two-hundred day simple moving average is $24.56. Schwab Intermediate-Term U.S. Treasury ETF has a twelve month low of $24.02 and a twelve month 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.