Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $23.98 and traded as high as $24.08. Schwab Intermediate-Term U.S. Treasury ETF shares last traded at $24.04, with a volume of 2,347,672 shares trading hands.
Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.5%
The company’s 50 day simple moving average is $23.98 and its two-hundred day simple moving average is $24.58.
Institutional Trading of Schwab Intermediate-Term U.S. Treasury ETF
A number of institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 103.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,469,330 shares of the company’s stock worth $233,514,000 after acquiring an additional 4,821,340 shares in the last quarter. Avidian Wealth Enterprises LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at about $59,923,000. Financial Life Advisors purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter valued at about $36,389,000. Bank of America Corp DE increased its stake in shares of 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. Finally, Waverly Advisors LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1,269.1% in the 1st quarter. Waverly Advisors LLC now owns 794,905 shares of the company’s stock valued at $19,801,000 after purchasing an additional 736,844 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.
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