Archer Investment Management LLC Purchases New Stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Archer Investment Management LLC purchased 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 disclosure with the Securities & Exchange Commission. The fund purchased 697,449 shares of the company’s stock, valued at approximately $16,941,000. Schwab Intermediate-Term U.S. Treasury ETF makes up about 10.4% of Archer Investment Management LLC’s investment portfolio, making the stock its biggest holding. Archer Investment Management LLC owned about 0.42% of Schwab Intermediate-Term U.S. Treasury ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 29.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 107,666,399 shares of the company’s stock valued at $5,447,920,000 after acquiring an additional 24,494,209 shares during the last quarter. Jane Street Group LLC grew its position 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 last quarter. Cornerstone Wealth Advisors Inc. grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 110.8% in the fourth quarter. Cornerstone Wealth Advisors Inc. now owns 3,307,596 shares of the company’s stock valued at $80,342,000 after acquiring an additional 1,738,457 shares during the last quarter. Pacific Sage Partners LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 105.6% in the fourth quarter. Pacific Sage Partners LLC now owns 2,591,654 shares of the company’s stock valued at $62,951,000 after acquiring an additional 1,330,912 shares during the last quarter. Finally, Resonant Capital Advisors LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 132.2% in the fourth quarter. Resonant Capital Advisors LLC now owns 2,016,938 shares of the company’s stock valued at $48,991,000 after acquiring an additional 1,148,251 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.3 %

Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.33 on Tuesday. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $23.89 and a 12-month high of $25.47. The business’s 50-day moving average price is $24.38 and its two-hundred day moving average price is $24.73.

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.