Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Strong Trading Volume

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) shares saw unusually-strong trading volume on Tuesday . Approximately 24,281,162 shares were traded during trading, an increase of 2,330% from the previous session’s volume of 999,303 shares.The stock last traded at $50.13 and had previously closed at $50.36.

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

The stock has a 50-day moving average price of $48.97 and a 200-day moving average price of $48.80.

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

Several institutional investors and hedge funds have recently made changes to their positions in SCHR. Sound Income Strategies LLC grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 76,400.0% in the first quarter. Sound Income Strategies LLC now owns 765 shares of the company’s stock worth $38,000 after purchasing an additional 764 shares in the last quarter. Aptus Capital Advisors LLC grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 434.8% in the 2nd quarter. Aptus Capital Advisors LLC now owns 1,305 shares of the company’s stock worth $64,000 after acquiring an additional 1,061 shares in the last quarter. Pineridge Advisors LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter valued at approximately $66,000. BOK Financial Private Wealth Inc. acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 1st quarter valued at approximately $71,000. Finally, 1620 Investment Advisors Inc. bought a new position in Schwab Intermediate-Term U.S. Treasury ETF during the second quarter worth $91,000.

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.