Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sets New 52-Week Low – Here’s What Happened

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $24.42 and last traded at $24.44, with a volume of 741900 shares. The stock had previously closed at $24.50.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.2%

The firm has a 50 day simple moving average of $24.62 and a 200 day simple moving average of $24.88.

Hedge Funds Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

Large investors have recently modified their holdings of the company. Savvy Advisors Inc. boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 24.6% during the fourth quarter. Savvy Advisors Inc. now owns 166,952 shares of the company’s stock valued at $4,187,000 after buying an additional 32,987 shares during the period. Advocate Group LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 20.5% during the fourth quarter. Advocate Group LLC now owns 405,405 shares of the company’s stock worth $10,168,000 after buying an additional 69,007 shares in the last quarter. WorthPointe LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 894.3% in the 4th quarter. WorthPointe LLC now owns 459,503 shares of the company’s stock worth $11,524,000 after acquiring an additional 413,291 shares during the last quarter. Park Avenue Securities LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 28.1% in the 4th quarter. Park Avenue Securities LLC now owns 105,150 shares of the company’s stock worth $2,637,000 after acquiring an additional 23,065 shares during the last quarter. Finally, Midwest Trust Co raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 7.3% in the 4th quarter. Midwest Trust Co now owns 960,038 shares of the company’s stock valued at $24,078,000 after acquiring an additional 65,660 shares in the last quarter.

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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