Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Get Free Report) saw strong trading volume on Monday. Approximately 9,794,823 shares changed hands during mid-day 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 stock has a fifty day moving average price of $24.13 and a 200 day moving average price of $24.48.
Institutional Investors Weigh In On Schwab Intermediate-Term U.S. Treasury ETF
Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.5% in the 1st quarter. Royal Bank of Canada now owns 17,334,539 shares of the company’s stock worth $431,805,000 after purchasing an additional 253,371 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 103.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,469,330 shares of the company’s stock worth $233,514,000 after acquiring an additional 4,821,340 shares in the last quarter. Bank of America Corp DE boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 19.7% in the first quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock worth $154,170,000 after purchasing an additional 1,016,874 shares in the last quarter. Pacific Sage Partners LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 9.6% in the first quarter. Pacific Sage Partners LLC now owns 3,480,010 shares of the company’s stock valued at $86,687,000 after buying an additional 306,106 shares in the last quarter. Finally, Resonant Capital Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.7% in the first quarter. Resonant Capital Advisors LLC now owns 3,001,765 shares of the company’s stock valued at $74,774,000 after buying an additional 134,150 shares in the last quarter.
Schwab Intermediate-Term U.S. Treasury ETF Company Profile
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.
Recommended Stories
- Five stocks we like better than Schwab Intermediate-Term U.S. Treasury ETF
- Salesforce Just Got a Rare Double Upgrade—What Changed?
- OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
- China Still Dominates Rare Earths—These 3 U.S. Companies Could Benefit
- 3 REITs That May Win in a Higher Interest Rate Environment
Receive News & Ratings for Schwab Intermediate-Term U.S. Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Intermediate-Term U.S. Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.
