McAdam LLC Boosts Position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

McAdam LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 111.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 359,996 shares of the company’s stock after purchasing an additional 189,966 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF comprises approximately 0.5% of McAdam LLC’s holdings, making the stock its 29th biggest holding. McAdam LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $8,744,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Kennebec Savings Bank bought a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at $25,000. MCF Advisors LLC raised 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 worth $26,000 after buying an additional 534 shares in the last quarter. AlphaCore Capital LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 540.9% during the third quarter. AlphaCore Capital LLC now owns 564 shares of the company’s stock valued at $29,000 after buying an additional 476 shares during the period. Richard W. Paul & Associates LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at $44,000. Finally, Hanson & Doremus Investment Management grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 101.1% during the fourth quarter. Hanson & Doremus Investment Management now owns 3,405 shares of the company’s stock worth $83,000 after buying an additional 1,712 shares in the last quarter.

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

SCHR stock opened at $24.41 on Friday. The firm has a 50 day simple moving average of $24.38 and a two-hundred day simple moving average of $24.73. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $23.89 and a one year high of $25.47.

Schwab Intermediate-Term U.S. Treasury ETF Company 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.