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

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw unusually-high trading volume on Tuesday . Approximately 24,281,162 shares traded hands during mid-day 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 Price Performance

The stock’s 50-day simple moving average is $48.97 and its 200 day simple moving average is $48.80.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Charles Schwab Investment Advisory Inc. boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 1.9% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 81,034,760 shares of the company’s stock valued at $3,974,755,000 after acquiring an additional 1,545,001 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 8.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,582,920 shares of the company’s stock worth $128,423,000 after buying an additional 206,751 shares during the last quarter. Crane Advisory LLC lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 223.4% in the first quarter. Crane Advisory LLC now owns 1,491,511 shares of the company’s stock valued at $72,711,000 after buying an additional 1,030,338 shares during the last quarter. Pacific Sage Partners LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.5% in the first quarter. Pacific Sage Partners LLC now owns 1,239,101 shares of the company’s stock valued at $60,778,000 after acquiring an additional 5,973 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 12.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,205,869 shares of the company’s stock worth $59,956,000 after acquiring an additional 130,806 shares during 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.