Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Reaches New 52-Week Low – Here’s What Happened

Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHRGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $23.87 and last traded at $23.8550, with a volume of 175386 shares traded. The stock had previously closed at $23.99.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.7%

The stock’s 50 day moving average price is $24.32 and its two-hundred day moving average price is $24.59.

Institutional Trading of Schwab Intermediate-Term U.S. Treasury ETF

Large investors have recently made changes to their positions in the stock. Royal Bank of Canada increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.5% in the first quarter. Royal Bank of Canada now owns 17,334,539 shares of the company’s stock worth $431,805,000 after purchasing an additional 253,371 shares during the period. Bank of America Corp DE boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 19.7% during 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 during the period. Pacific Sage Partners LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 9.6% in the first quarter. Pacific Sage Partners LLC now owns 3,480,010 shares of the company’s stock worth $86,687,000 after acquiring an additional 306,106 shares during the last quarter. Resonant Capital Advisors LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 4.7% during the first quarter. Resonant Capital Advisors LLC now owns 3,001,765 shares of the company’s stock valued at $74,774,000 after acquiring an additional 134,150 shares during the period. Finally, Empowered Funds LLC raised its position in Schwab Intermediate-Term U.S. Treasury ETF by 35.9% in the first quarter. Empowered Funds LLC now owns 1,933,622 shares of the company’s stock worth $48,022,000 after purchasing an additional 511,132 shares in the last quarter.

About Schwab Intermediate-Term U.S. Treasury ETF

(Get Free Report)

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

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.