Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Strong Trading Volume – Should You Buy?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw unusually-strong trading volume on Thursday . Approximately 6,092,722 shares changed hands during mid-day trading, an increase of 202% from the previous session’s volume of 2,018,554 shares.The stock last traded at $24.27 and had previously closed at $24.33.

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

The company’s fifty day simple moving average is $24.60 and its 200-day simple moving average is $24.77.

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

Several hedge funds have recently bought and sold shares of the stock. Kennebec Savings Bank acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at approximately $25,000. AlphaCore Capital LLC boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 540.9% in the 3rd quarter. AlphaCore Capital LLC now owns 564 shares of the company’s stock valued at $29,000 after buying an additional 476 shares during the period. Richard W. Paul & Associates LLC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth about $44,000. Aptus Capital Advisors LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 434.8% in the second quarter. Aptus Capital Advisors LLC now owns 1,305 shares of the company’s stock valued at $64,000 after acquiring an additional 1,061 shares in the last quarter. Finally, Pineridge Advisors LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 38.0% during the 2nd quarter. Pineridge Advisors LLC now owns 1,869 shares of the company’s stock worth $91,000 after acquiring an additional 515 shares in the last quarter.

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.