Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Get Free Report) shares saw strong trading volume on Monday. Approximately 9,794,823 shares changed hands during trading, an increase of 237% from the previous session’s volume of 2,907,490 shares. The stock last traded at $23.7050 and had previously closed at $23.71.
Schwab Intermediate-Term U.S. Treasury ETF Stock Performance
The firm has a 50-day moving average price of $24.10 and a 200 day moving average price of $24.46.
Institutional Investors Weigh In On Schwab Intermediate-Term U.S. Treasury ETF
Several institutional investors and hedge funds have recently modified their holdings of SCHR. Waverly Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 6.0% during the second quarter. Waverly Advisors LLC now owns 842,589 shares of the company’s stock worth $20,778,000 after buying an additional 47,684 shares during the period. Leo H. Evart Inc. acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter valued at approximately $1,224,000. Noble Wealth Partners LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the second quarter valued at approximately $3,153,000. Tortoise Investment Management LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 47.8% in the second quarter. Tortoise Investment Management LLC now owns 95,958 shares of the company’s stock valued at $2,366,000 after acquiring an additional 31,016 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 194.2% in the second quarter. Sequoia Financial Advisors LLC now owns 66,080 shares of the company’s stock worth $1,630,000 after acquiring an additional 43,616 shares during 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.
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