Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Large Volume Increase – Should You Buy?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) shares saw an uptick in trading volume on Tuesday . 5,237,125 shares traded hands during trading, an increase of 97% from the previous session’s volume of 2,652,501 shares.The stock last traded at $24.68 and had previously closed at $24.72.

Schwab Intermediate-Term U.S. Treasury ETF Stock Performance

The stock’s 50 day moving average price is $24.88 and its 200 day moving average price is $25.05.

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

A number of large investors have recently modified their holdings of the business. Cetera Investment Advisers lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 25.7% in the 1st quarter. Cetera Investment Advisers now owns 1,151,786 shares of the company’s stock valued at $28,691,000 after purchasing an additional 235,790 shares during the last quarter. Wealthspire Retirement LLC lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 10.7% in the 1st quarter. Wealthspire Retirement LLC now owns 44,087 shares of the company’s stock valued at $1,098,000 after purchasing an additional 4,274 shares during the last quarter. CacheTech Inc. lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 8.6% in the 1st quarter. CacheTech Inc. now owns 111,250 shares of the company’s stock valued at $2,771,000 after purchasing an additional 8,795 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 10.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 12,606 shares of the company’s stock valued at $314,000 after purchasing an additional 1,223 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter valued at about $114,000.

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.