Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Reaches New 12-Month Low – Should You Sell?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as $24.20 and last traded at $24.2150, with a volume of 2397943 shares traded. The stock had previously closed at $24.24.

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

The firm has a 50 day moving average of $24.44 and a two-hundred day moving average of $24.69.

Institutional Investors Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hamilton Point Investment Advisors LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter valued at about $27,000. Wealth Watch Advisors INC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at approximately $28,000. NBT Bank N A NY boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% in the first quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock valued at $34,000 after acquiring an additional 1,329 shares during the period. GeoWealth Management LLC grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% during the third quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock worth $34,000 after acquiring an additional 1,038 shares during the last quarter. Finally, Triumph Capital Management purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth approximately $34,000.

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.

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