Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Reaches New 12-Month Low – Here’s Why

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRGet Free Report) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $23.87 and last traded at $23.8550, with a volume of 175386 shares. The stock had previously closed at $23.99.

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

The company has a 50-day moving average price of $24.32 and a two-hundred day moving average price of $24.59.

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. Asset Allocation Strategies LLC grew its position in 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 purchasing an additional 419 shares in the last quarter. Integrity Advisory Solutions LLC raised its position in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% during the fourth quarter. Integrity Advisory Solutions LLC now owns 10,383 shares of the company’s stock valued at $260,000 after buying an additional 459 shares during the period. Asset Dedication LLC lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 52.7% in the 1st quarter. Asset Dedication LLC now owns 1,472 shares of the company’s stock worth $37,000 after acquiring an additional 508 shares in the last quarter. North Ridge Wealth Advisors Inc. lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 0.8% in the 4th quarter. North Ridge Wealth Advisors Inc. now owns 65,654 shares of the company’s stock worth $1,647,000 after acquiring an additional 525 shares in the last quarter. Finally, Asset Management Group Inc. boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 1.2% during the 4th quarter. Asset Management Group Inc. now owns 49,049 shares of the company’s stock worth $1,230,000 after acquiring an additional 560 shares during the period.

About Schwab Intermediate-Term U.S. Treasury ETF

(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

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