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

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRGet Free Report) shares reached a new 52-week low on Wednesday . The company traded as low as $24.41 and last traded at $24.42, with a volume of 82924 shares changing hands. The stock had previously closed at $24.44.

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

The business’s 50-day simple moving average is $24.58 and its two-hundred day simple moving average is $24.85.

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

A number of hedge funds have recently bought and sold shares of the business. Aventura Private Wealth LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 4th quarter worth approximately $25,000. Hamilton Point Investment Advisors LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the first quarter worth $27,000. Wealth Watch Advisors INC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at $28,000. NBT Bank N A NY lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% during the first quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock valued at $34,000 after purchasing an additional 1,329 shares in the last quarter. Finally, GeoWealth Management LLC lifted its holdings in 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 valued at $34,000 after purchasing an additional 1,038 shares in the last quarter.

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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