Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 961,599 shares, a decrease of 38.8% from the July 30th total of 1,570,145 shares. Based on an average daily volume of 2,321,733 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 238,259,660 shares of the company’s stock valued at $5,975,552,000 after acquiring an additional 10,065,870 shares during the period. Royal Bank of Canada grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.5% in the 1st quarter. Royal Bank of Canada now owns 17,334,539 shares of the company’s stock worth $431,805,000 after acquiring an additional 253,371 shares during the period. Bank of America Corp DE increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 19.7% in the 1st quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock valued at $154,170,000 after purchasing an additional 1,016,874 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 6.2% in the 4th quarter. JPMorgan Chase & Co. now owns 5,200,552 shares of the company’s stock valued at $130,430,000 after purchasing an additional 303,810 shares in the last quarter. Finally, Pacific Sage Partners LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 9.6% in the 1st quarter. Pacific Sage Partners LLC now owns 3,480,010 shares of the company’s stock valued at $86,687,000 after purchasing an additional 306,106 shares in the last quarter.
Schwab Intermediate-Term U.S. Treasury ETF Stock Performance
Shares of SCHR traded up $0.02 during trading hours on Wednesday, reaching $24.22. The company had a trading volume of 909,261 shares, compared to its average volume of 2,724,893. The firm has a 50 day simple moving average of $24.47 and a 200-day simple moving average of $24.72. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.20 and a 12-month high of $25.42.
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.
Further Reading
- Five stocks we like better than Schwab Intermediate-Term U.S. Treasury ETF
- Strategic Strike: Strategy Deploys $370M to Fortify Bitcoin
- Lilly’s Merida Deal Shows the GLP-1 King Is Already Thinking Beyond Obesity
- From High Dividend Growth to High Yield, These 3 Stocks Just Boosted Dividend Payouts
- The Pentagon’s Grok Rollout Puts These 3 Stocks in Focus
Receive News & Ratings for Schwab Intermediate-Term U.S. Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Intermediate-Term U.S. Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.
