Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Hits New 12-Month Low – Here’s Why

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRGet Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as $24.34 and last traded at $24.34, with a volume of 144151 shares trading hands. The stock had previously closed at $24.41.

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

The company’s 50 day moving average price is $24.55 and its 200-day moving average price is $24.81.

Institutional Trading of Schwab Intermediate-Term U.S. Treasury ETF

A number of large investors have recently bought and sold shares of the company. Hamilton Point Investment Advisors LLC purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 1st quarter valued at $27,000. Wealth Watch Advisors INC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth about $28,000. GeoWealth Management LLC increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 335.9% in the 3rd quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock worth $34,000 after acquiring an additional 1,038 shares during the last quarter. NBT Bank N A NY raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% in the 1st quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock valued at $34,000 after acquiring an additional 1,329 shares during the period. Finally, Triumph Capital Management bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at about $34,000.

About Schwab Intermediate-Term U.S. Treasury ETF

(Get Free Report)

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.

Further Reading

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