Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Hits New 12-Month Low – Time to Sell?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)’s share price hit a new 52-week low during trading on Monday . The company traded as low as $24.33 and last traded at $24.34, with a volume of 133308 shares trading hands. The stock had previously closed at $24.35.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.6%

The stock has a 50 day simple moving average of $24.47 and a 200-day simple moving average of $24.72.

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

Several large investors have recently bought and sold shares of the business. Midwest Trust Co grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 7.3% in the 4th quarter. Midwest Trust Co now owns 960,038 shares of the company’s stock worth $24,078,000 after buying an additional 65,660 shares in the last quarter. UBS Group AG increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 41.1% in the 4th quarter. UBS Group AG now owns 417,692 shares of the company’s stock worth $10,476,000 after buying an additional 121,643 shares during the last quarter. Valpey Financial Services LLC raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3,018.9% during the 4th quarter. Valpey Financial Services LLC now owns 320,743 shares of the company’s stock valued at $8,044,000 after buying an additional 310,459 shares in the last quarter. L.K. Benson & Company P.C. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 42.3% during the 4th quarter. L.K. Benson & Company P.C. now owns 225,195 shares of the company’s stock valued at $5,648,000 after buying an additional 66,928 shares in the last quarter. Finally, HC Advisors LLC raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.3% during the 4th quarter. HC Advisors LLC now owns 857,670 shares of the company’s stock valued at $21,510,000 after buying an additional 27,006 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.