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

Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw unusually-strong trading volume on Thursday . Approximately 6,092,722 shares traded hands during trading, an increase of 202% from the previous session’s volume of 2,018,554 shares.The stock last traded at $24.27 and had previously closed at $24.33.

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

The stock’s 50-day simple moving average is $24.58 and its 200 day simple moving average is $24.76.

Institutional Trading of Schwab Intermediate-Term U.S. Treasury ETF

Several large investors have recently made changes to their positions in SCHR. Raymond James & Associates lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 7.2% during the 2nd quarter. Raymond James & Associates now owns 62,554 shares of the company’s stock worth $3,051,000 after buying an additional 4,200 shares in the last quarter. Heritage Wealth Management Inc. CA increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 9.7% in the second quarter. Heritage Wealth Management Inc. CA now owns 97,480 shares of the company’s stock worth $4,754,000 after purchasing an additional 8,648 shares during the period. Pineridge Advisors LLC increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 38.0% in the second quarter. Pineridge Advisors LLC now owns 1,869 shares of the company’s stock worth $91,000 after purchasing an additional 515 shares during the period. AlphaStar Capital Management LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 4.1% during the 2nd quarter. AlphaStar Capital Management LLC now owns 333,174 shares of the company’s stock worth $16,249,000 after purchasing an additional 13,107 shares during the last quarter. Finally, Atomi Financial Group Inc. lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 348.9% during the 2nd quarter. Atomi Financial Group Inc. now owns 29,433 shares of the company’s stock valued at $1,435,000 after purchasing an additional 22,877 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.