Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Hits New 12-Month Low – Here’s Why

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $24.20 and last traded at $24.2150, with a volume of 2397943 shares changing hands. The stock had previously closed at $24.24.

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

The firm’s fifty day moving average price is $24.42 and its 200 day moving average price is $24.68.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Asset Allocation Strategies LLC lifted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.8% during the 1st quarter. Asset Allocation Strategies LLC now owns 11,589 shares of the company’s stock valued at $289,000 after buying an additional 419 shares during the last quarter. Captrust Financial Advisors lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 1.3% in the second quarter. Captrust Financial Advisors now owns 34,454 shares of the company’s stock valued at $862,000 after acquiring an additional 438 shares during the last quarter. Integrity Advisory Solutions LLC lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% in the fourth quarter. Integrity Advisory Solutions LLC now owns 10,383 shares of the company’s stock valued at $260,000 after acquiring an additional 459 shares during the last quarter. Wealthspire Retirement LLC grew its position 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 acquiring an additional 474 shares in the last quarter. Finally, Asset Dedication LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 52.7% in the first quarter. Asset Dedication LLC now owns 1,472 shares of the company’s stock worth $37,000 after acquiring an additional 508 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.