Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Reaches New 52-Week Low – Time to Sell?

Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $23.97 and last traded at $23.9650, with a volume of 10171 shares changing hands. The stock had previously closed at $23.98.

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

The company’s 50 day moving average price is $24.40 and its 200-day moving average price is $24.66.

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

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

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