Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Stock Breaks Above 50-Day Moving Average – What’s Next?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) 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 changing hands.

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

The company has a fifty day moving average of $23.98 and a two-hundred day moving average of $24.58.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SCHR. Hamilton Point Investment Advisors LLC bought a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 1st quarter valued at about $27,000. Mather Group LLC. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth about $29,000. Root Financial Partners LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth about $31,000. NBT Bank N A NY lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% in the first quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock worth $34,000 after purchasing an additional 1,329 shares during the last quarter. Finally, Angeles Wealth Management LLC purchased a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the second quarter valued at approximately $35,000.

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.