Twele Capital Management Inc. Raises Holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Twele Capital Management Inc. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 104.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,704 shares of the company’s stock after acquiring an additional 9,570 shares during the quarter. Twele Capital Management Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $454,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Kennebec Savings Bank acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at about $25,000. AlphaCore Capital LLC increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 540.9% during the 3rd quarter. AlphaCore Capital LLC now owns 564 shares of the company’s stock worth $29,000 after purchasing an additional 476 shares in the last quarter. Richard W. Paul & Associates LLC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at approximately $44,000. 1620 Investment Advisors Inc. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 45.9% during the third quarter. 1620 Investment Advisors Inc. now owns 2,718 shares of the company’s stock valued at $138,000 after buying an additional 855 shares in the last quarter. Finally, Armstrong Advisory Group Inc. grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 5,268.3% during the third quarter. Armstrong Advisory Group Inc. now owns 3,221 shares of the company’s stock worth $163,000 after buying an additional 3,161 shares during the period.

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

Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.24 on Thursday. The firm has a fifty day moving average of $24.40 and a 200-day moving average of $24.74. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $23.89 and a 52-week high of $25.47.

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.