Valmark Advisers Inc. Has $8.45 Million Stock Holdings in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Valmark Advisers Inc. grew its position in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 8.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 337,542 shares of the company’s stock after purchasing an additional 26,848 shares during the period. Valmark Advisers Inc. owned about 0.08% of Schwab Intermediate-Term U.S. Treasury ETF worth $8,449,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Pure Portfolios Holdings LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 25.1% in the second quarter. Pure Portfolios Holdings LLC now owns 632,148 shares of the company’s stock worth $15,823,000 after purchasing an additional 126,771 shares during the period. Spectrum Asset Management Inc. NB CA acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter worth $771,000. Belpointe Asset Management LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter worth $458,000. Berkshire Money Management Inc. acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter worth $65,000. Finally, DAVENPORT & Co LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% in the second quarter. DAVENPORT & Co LLC now owns 1,011,392 shares of the company’s stock worth $25,315,000 after purchasing an additional 44,130 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.2%

SCHR opened at $25.10 on Wednesday. The firm’s fifty day moving average is $25.07 and its two-hundred day moving average is $24.88. Schwab Intermediate-Term U.S. Treasury ETF has a twelve month low of $24.04 and a twelve month high of $25.32.

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.