Salem Investment Counselors Inc. Buys 55,845 Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Salem Investment Counselors Inc. lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 113.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 104,988 shares of the company’s stock after acquiring an additional 55,845 shares during the quarter. Salem Investment Counselors Inc. owned 0.06% of Schwab Intermediate-Term U.S. Treasury ETF worth $2,550,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Kennebec Savings Bank bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at about $25,000. AlphaCore Capital LLC grew its position 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 purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at approximately $44,000. Headlands Technologies LLC bought a new position in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter worth approximately $98,000. Finally, 1620 Investment Advisors Inc. boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 45.9% during the 3rd quarter. 1620 Investment Advisors Inc. now owns 2,718 shares of the company’s stock worth $138,000 after acquiring an additional 855 shares during the last quarter.

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

NYSEARCA:SCHR opened at $24.05 on Tuesday. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $23.89 and a one year high of $25.47. The business has a fifty day moving average price of $24.42 and a 200-day moving average price 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.