Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Large Volume Increase – Here’s What Happened

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) shares saw unusually-strong trading volume on Tuesday . Approximately 5,237,125 shares traded hands during mid-day trading, an increase of 97% from the previous session’s volume of 2,652,501 shares.The stock last traded at $24.68 and had previously closed at $24.72.

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

The company’s 50 day moving average price is $24.92 and its 200 day moving average price is $25.06.

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

Several hedge funds and other institutional investors have recently made changes to their positions in SCHR. Aventura Private Wealth LLC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 4th quarter valued at about $25,000. Asset Dedication LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $26,000. Hamilton Point Investment Advisors LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the first quarter worth about $27,000. Wealth Watch Advisors INC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $28,000. Finally, Triumph Capital Management acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth about $34,000.

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.