Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Get Free Report) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 935,524 shares, a growth of 44.4% from the December 15th total of 648,050 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,842,139 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 1,842,139 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 1.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 221,741,946 shares of the company’s stock valued at $5,550,201,000 after acquiring an additional 2,372,455 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 9,015.7% in the second quarter. Cerity Partners LLC now owns 1,654,320 shares of the company’s stock valued at $41,408,000 after purchasing an additional 1,636,172 shares during the period. Ameriprise Financial Inc. increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 11.9% during the third quarter. Ameriprise Financial Inc. now owns 13,681,648 shares of the company’s stock worth $343,724,000 after acquiring an additional 1,449,980 shares during the period. Exchange Traded Concepts LLC raised its position in Schwab Intermediate-Term U.S. Treasury ETF by 46.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 4,029,634 shares of the company’s stock valued at $101,063,000 after purchasing an additional 1,280,247 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 44.9% in the third quarter. Envestnet Asset Management Inc. now owns 3,636,388 shares of the company’s stock worth $91,382,000 after acquiring an additional 1,126,405 shares during the last quarter.
Schwab Intermediate-Term U.S. Treasury ETF Price Performance
NYSEARCA:SCHR traded down $0.06 during trading hours on Friday, hitting $25.02. 2,818,710 shares of the stock were exchanged, compared to its average volume of 2,432,174. The firm’s fifty day moving average price is $25.13 and its 200 day moving average price is $25.08. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $24.19 and a 52-week high of $25.35.
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.
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