Christensen King & Associates Investment Services Inc. Increases Position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Christensen King & Associates Investment Services Inc. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 133.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 208,804 shares of the company’s stock after purchasing an additional 119,256 shares during the quarter. Schwab Intermediate-Term U.S. Treasury ETF comprises 2.4% of Christensen King & Associates Investment Services Inc.’s portfolio, making the stock its 10th largest holding. Christensen King & Associates Investment Services Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $5,055,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of SCHR. BCS Wealth Management bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 4th quarter valued at about $223,000. Sentinel Pension Advisors Inc. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 105.9% during the fourth quarter. Sentinel Pension Advisors Inc. now owns 395,800 shares of the company’s stock worth $9,614,000 after purchasing an additional 203,533 shares during the period. Noble Family Wealth LLC boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 97.9% in the 4th quarter. Noble Family Wealth LLC now owns 21,208 shares of the company’s stock valued at $516,000 after purchasing an additional 10,494 shares during the period. Claro Advisors LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 47.4% during the 4th quarter. Claro Advisors LLC now owns 12,345 shares of the company’s stock worth $300,000 after buying an additional 3,972 shares during the period. Finally, Kades & Cheifetz LLC raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 91.4% during the fourth quarter. Kades & Cheifetz LLC now owns 8,685 shares of the company’s stock valued at $211,000 after acquiring an additional 4,148 shares during the period.

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

Shares of NYSEARCA:SCHR opened at $24.05 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 company’s fifty day moving average is $24.42 and its two-hundred day moving average is $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.