BCS Wealth Management Invests $223,000 in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

BCS Wealth Management acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,162 shares of the company’s stock, valued at approximately $223,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 29.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 107,666,399 shares of the company’s stock valued at $5,447,920,000 after buying an additional 24,494,209 shares during the period. Stifel Financial Corp raised its position in Schwab Intermediate-Term U.S. Treasury ETF by 4.3% in the third quarter. Stifel Financial Corp now owns 3,898,675 shares of the company’s stock worth $197,274,000 after acquiring an additional 159,043 shares in the last quarter. Jane Street Group LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 2,032.8% in the third quarter. Jane Street Group LLC now owns 2,049,343 shares of the company’s stock valued at $103,697,000 after acquiring an additional 1,953,258 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 64.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,741,580 shares of the company’s stock worth $42,303,000 after purchasing an additional 680,584 shares in the last quarter. Finally, Cornerstone Wealth Advisors Inc. grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 71.1% during the 3rd quarter. Cornerstone Wealth Advisors Inc. now owns 1,569,139 shares of the company’s stock worth $79,398,000 after purchasing an additional 651,848 shares during the period.

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

Shares of SCHR opened at $24.06 on Wednesday. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $23.89 and a 52-week high of $25.47. The company has a 50-day simple moving average of $24.41 and a 200-day simple moving average of $24.75.

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.