McAdam LLC Acquires 9,489 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

McAdam LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 168,836 shares of the company’s stock after purchasing an additional 9,489 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF makes up about 0.6% of McAdam LLC’s holdings, making the stock its 28th biggest position. McAdam LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $8,395,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHR. Financial Gravity Asset Management Inc. grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 1,928.6% during the third quarter. Financial Gravity Asset Management Inc. now owns 994 shares of the company’s stock valued at $47,000 after acquiring an additional 945 shares in the last quarter. Hexagon Capital Partners LLC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth approximately $51,000. Howe & Rusling Inc. purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth approximately $96,000. Roble Belko & Company Inc purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth approximately $106,000. Finally, Larson Financial Group LLC grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 15.2% in the 3rd quarter. Larson Financial Group LLC now owns 2,841 shares of the company’s stock worth $136,000 after buying an additional 374 shares in the last quarter.

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

SCHR stock traded up $0.12 during midday trading on Monday, reaching $48.04. The company had a trading volume of 113,062 shares, compared to its average volume of 992,090. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $47.03 and a 1 year high of $51.22. The firm has a 50-day moving average price of $48.64 and a 200-day moving average price of $48.74.

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.