L.K. Benson & Company P.C. Purchases New Stake in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

L.K. Benson & Company P.C. acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 60,668 shares of the company’s stock, valued at approximately $1,474,000. Schwab Intermediate-Term U.S. Treasury ETF comprises approximately 1.0% of L.K. Benson & Company P.C.’s holdings, making the stock its 22nd largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 101.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 217,197,886 shares of the company’s stock worth $5,275,737,000 after acquiring an additional 109,531,487 shares during the period. Stifel Financial Corp raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 4.3% during the third quarter. Stifel Financial Corp now owns 3,898,675 shares of the company’s stock worth $197,274,000 after purchasing an additional 159,043 shares during the period. Cornerstone Wealth Advisors Inc. boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 110.8% in the 4th quarter. Cornerstone Wealth Advisors Inc. now owns 3,307,596 shares of the company’s stock valued at $80,342,000 after purchasing an additional 1,738,457 shares during the last quarter. Pacific Sage Partners LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 105.6% in the 4th quarter. Pacific Sage Partners LLC now owns 2,591,654 shares of the company’s stock valued at $62,951,000 after buying an additional 1,330,912 shares during the period. Finally, Madison Investment Advisors LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 4th quarter worth approximately $56,276,000.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.1 %

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock opened at $24.68 on Wednesday. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $23.89 and a fifty-two week high of $25.47. The stock has a 50 day moving average of $24.45 and a 200 day moving average of $24.64.

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.