Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Stock Price Down 0.1% – What’s Next?

Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) were down 0.1% during mid-day trading on Thursday . The company traded as low as $24.35 and last traded at $24.37. Approximately 1,662,506 shares were traded during trading, a decline of 16% from the average daily volume of 1,979,803 shares. The stock had previously closed at $24.39.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.1 %

The business has a 50-day simple moving average of $24.97 and a 200-day simple moving average of $24.70.

Hedge Funds Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

A number of large investors have recently added to or reduced their stakes in SCHR. Avantax Advisory Services Inc. increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 55.9% during the 1st quarter. Avantax Advisory Services Inc. now owns 11,640 shares of the company’s stock worth $571,000 after buying an additional 4,174 shares in the last quarter. Koshinski Asset Management Inc. acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the first quarter worth approximately $378,000. Blair William & Co. IL increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.2% during the first quarter. Blair William & Co. IL now owns 32,388 shares of the company’s stock worth $1,589,000 after purchasing an additional 1,608 shares in the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter valued at $1,205,000. Finally, Patten & Patten Inc. TN purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter valued at $314,000.

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.