GenWealth Group Inc. Raises Stock Holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)

GenWealth Group Inc. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 394.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 517,408 shares of the company’s stock after buying an additional 412,723 shares during the period. Schwab Intermediate-Term U.S. Treasury ETF comprises about 2.9% of GenWealth Group Inc.’s investment portfolio, making the stock its 13th biggest holding. GenWealth Group Inc. owned approximately 0.31% of Schwab Intermediate-Term U.S. Treasury ETF worth $12,568,000 at the end of the most recent reporting period.

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

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

Shares of SCHR opened at $24.30 on Friday. The company has a 50-day simple moving average of $24.39 and a two-hundred day simple moving average of $24.74. Schwab Intermediate-Term U.S. Treasury ETF has a one year low of $23.89 and a one year high of $25.47.

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.