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

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) hit a new 52-week low during trading on Tuesday. The company traded as low as $23.68 and last traded at $23.72, with a volume of 3927483 shares. The stock had previously closed at $23.80.

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

The company has a 50 day simple moving average of $24.23 and a two-hundred day simple moving average of $24.54.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SCHR. Asset Allocation Strategies LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 3.8% in the 1st quarter. Asset Allocation Strategies LLC now owns 11,589 shares of the company’s stock worth $289,000 after buying an additional 419 shares in the last quarter. Asset Dedication LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 52.7% in the first quarter. Asset Dedication LLC now owns 1,472 shares of the company’s stock worth $37,000 after acquiring an additional 508 shares during the last quarter. North Ridge Wealth Advisors Inc. increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.8% in the fourth quarter. North Ridge Wealth Advisors Inc. now owns 65,654 shares of the company’s stock worth $1,647,000 after acquiring an additional 525 shares during the last quarter. Asset Management Group Inc. raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.2% during the fourth quarter. Asset Management Group Inc. now owns 49,049 shares of the company’s stock worth $1,230,000 after acquiring an additional 560 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 2.6% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 22,879 shares of the company’s stock worth $570,000 after acquiring an additional 577 shares in the last quarter.

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.