Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sets New 52-Week Low – What’s Next?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $24.34 and last traded at $24.34, with a volume of 144151 shares. The stock had previously closed at $24.41.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.2%

The business’s fifty day moving average price is $24.56 and its 200-day moving average price is $24.82.

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

A number of large investors have recently added to or reduced their stakes in SCHR. Asset Allocation Strategies LLC lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 3.8% during the first quarter. Asset Allocation Strategies LLC now owns 11,589 shares of the company’s stock worth $289,000 after purchasing an additional 419 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.3% during the 2nd quarter. Captrust Financial Advisors now owns 34,454 shares of the company’s stock valued at $862,000 after buying an additional 438 shares in the last quarter. Integrity Advisory Solutions LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% in the 4th quarter. Integrity Advisory Solutions LLC now owns 10,383 shares of the company’s stock worth $260,000 after buying an additional 459 shares during the last quarter. Ashton Thomas Securities LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 9.1% in the 4th quarter. Ashton Thomas Securities LLC now owns 5,634 shares of the company’s stock worth $141,000 after buying an additional 468 shares during the last quarter. Finally, Wealthspire Retirement LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 1.2% in the fourth quarter. Wealthspire Retirement LLC now owns 39,813 shares of the company’s stock worth $999,000 after buying an additional 474 shares in the last quarter.

About Schwab Intermediate-Term U.S. Treasury ETF

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.