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

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $24.41 and last traded at $24.42, with a volume of 82924 shares. The stock had previously closed at $24.44.

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

The stock’s 50-day moving average is $24.57 and its 200 day moving average is $24.84.

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

A number of institutional investors have recently bought and sold shares of the company. Asset Allocation Strategies LLC increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.8% during 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 during the last quarter. Captrust Financial Advisors raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.3% in the 2nd quarter. Captrust Financial Advisors now owns 34,454 shares of the company’s stock worth $862,000 after buying an additional 438 shares during the period. Integrity Advisory Solutions LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% in the fourth quarter. Integrity Advisory Solutions LLC now owns 10,383 shares of the company’s stock valued at $260,000 after acquiring an additional 459 shares during the last quarter. Ashton Thomas Securities LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 9.1% in the fourth quarter. Ashton Thomas Securities LLC now owns 5,634 shares of the company’s stock valued at $141,000 after acquiring an additional 468 shares during the last quarter. Finally, Wealthspire Retirement LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 1.2% during the fourth quarter. Wealthspire Retirement LLC now owns 39,813 shares of the company’s stock valued at $999,000 after acquiring an additional 474 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Company Profile

(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.

Further Reading

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.