Clarity Wealth Development LLC Takes $6.67 Million Position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

Clarity Wealth Development LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 273,259 shares of the company’s stock, valued at approximately $6,670,000. Schwab Intermediate-Term U.S. Treasury ETF comprises approximately 7.2% of Clarity Wealth Development LLC’s investment portfolio, making the stock its 4th biggest holding. Clarity Wealth Development LLC owned approximately 0.16% of Schwab Intermediate-Term U.S. Treasury ETF as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Claro Advisors LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 23.0% in the 3rd quarter. Claro Advisors LLC now owns 8,373 shares of the company’s stock worth $424,000 after buying an additional 1,567 shares in the last quarter. Mendel Capital Management LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 3.3% in the 3rd quarter. Mendel Capital Management LLC now owns 31,785 shares of the company’s stock worth $1,608,000 after buying an additional 1,007 shares in the last quarter. Moors & Cabot Inc. grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 9.0% in the 3rd quarter. Moors & Cabot Inc. now owns 17,760 shares of the company’s stock worth $899,000 after buying an additional 1,464 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 29.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 107,666,399 shares of the company’s stock worth $5,447,920,000 after buying an additional 24,494,209 shares in the last quarter. Finally, AlphaCore Capital LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 540.9% in the 3rd quarter. AlphaCore Capital LLC now owns 564 shares of the company’s stock worth $29,000 after buying an additional 476 shares in the last quarter.

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

Shares of SCHR stock opened at $24.66 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 business has a 50 day simple moving average of $24.44 and a 200 day simple moving average of $24.64.

Schwab Intermediate-Term U.S. Treasury ETF Company 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.