Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Unusually-High Trading Volume – Here’s What Happened

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw unusually-high trading volume on Wednesday. 4,777,517 shares changed hands during trading, an increase of 60% from the previous session’s volume of 2,978,185 shares. The stock last traded at $23.8550 and had previously closed at $23.86.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.0%

The company has a 50 day moving average of $24.04 and a 200 day moving average of $24.43.

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

Hedge funds have recently modified their holdings of the stock. Asset Allocation Strategies LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 3.8% in the first quarter. Asset Allocation Strategies LLC now owns 11,589 shares of the company’s stock worth $289,000 after acquiring an additional 419 shares in the last quarter. GenWealth Group Inc. raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.5% in the 3rd quarter. GenWealth Group Inc. now owns 101,973 shares of the company’s stock worth $2,417,000 after buying an additional 475 shares in the last quarter. Asset Dedication LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 52.7% in the 1st quarter. Asset Dedication LLC now owns 1,472 shares of the company’s stock worth $37,000 after purchasing an additional 508 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 2.6% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 22,879 shares of the company’s stock valued at $570,000 after acquiring an additional 577 shares during the last quarter. Finally, Verus Capital Partners LLC increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 6.3% during the 1st quarter. Verus Capital Partners LLC now owns 10,102 shares of the company’s stock valued at $252,000 after purchasing an additional 597 shares in the last quarter.

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.