Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Shares Gap Up – Should You Buy?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $24.60, but opened at $25.24. Schwab Intermediate-Term U.S. Treasury ETF shares last traded at $25.24, with a volume of 269 shares.

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

The stock’s 50-day moving average is $24.79 and its 200-day moving average is $24.73.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Franklin Resources Inc. increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 1.3% during the third quarter. Franklin Resources Inc. now owns 217,590 shares of the company’s stock worth $11,010,000 after acquiring an additional 2,712 shares during the period. MML Investors Services LLC increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 15.7% during the third quarter. MML Investors Services LLC now owns 90,064 shares of the company’s stock worth $4,557,000 after acquiring an additional 12,191 shares during the period. Orion Portfolio Solutions LLC increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 47.0% during the third quarter. Orion Portfolio Solutions LLC now owns 7,590 shares of the company’s stock worth $384,000 after acquiring an additional 2,425 shares during the period. National Bank of Canada FI increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 14.4% in the 3rd quarter. National Bank of Canada FI now owns 34,303 shares of the company’s stock valued at $1,736,000 after buying an additional 4,309 shares during the period. Finally, Hendershot Investments Inc. increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 3.3% in the 3rd quarter. Hendershot Investments Inc. now owns 51,601 shares of the company’s stock valued at $2,611,000 after buying an additional 1,658 shares during the period.

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.