Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Unusually-High Trading Volume – Time to Buy?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw an uptick in trading volume on Wednesday . 8,198,251 shares traded hands during trading, an increase of 198% from the previous session’s volume of 2,754,596 shares.The stock last traded at $24.66 and had previously closed at $24.67.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.3%

The business has a fifty day moving average price of $24.71 and a 200 day moving average price of $24.94.

Institutional Investors Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in SCHR. Asset Allocation Strategies LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.8% in the 1st quarter. Asset Allocation Strategies LLC now owns 11,589 shares of the company’s stock valued at $289,000 after purchasing an additional 419 shares in the last quarter. Captrust Financial Advisors increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 1.3% during the 2nd quarter. Captrust Financial Advisors now owns 34,454 shares of the company’s stock worth $862,000 after purchasing an additional 438 shares in the last quarter. Note Advisors LLC increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 3.1% during the 3rd quarter. Note Advisors LLC now owns 14,968 shares of the company’s stock worth $376,000 after purchasing an additional 450 shares in the last quarter. Integrity Advisory Solutions LLC increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% during the 4th quarter. Integrity Advisory Solutions LLC now owns 10,383 shares of the company’s stock worth $260,000 after purchasing an additional 459 shares in the last quarter. Finally, Ashton Thomas Securities LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 9.1% in the fourth quarter. Ashton Thomas Securities LLC now owns 5,634 shares of the company’s stock valued at $141,000 after buying an additional 468 shares during the period.

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.