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

Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw strong trading volume on Monday . 2,526,075 shares traded hands during trading, an increase of 31% from the previous session’s volume of 1,923,908 shares.The stock last traded at $24.77 and had previously closed at $24.64.

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

The business’s 50 day moving average is $24.40 and its two-hundred day moving average is $24.66.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 101.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 217,197,886 shares of the company’s stock valued at $5,275,737,000 after purchasing an additional 109,531,487 shares in the last quarter. Royal Bank of Canada increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 49.3% in the fourth quarter. Royal Bank of Canada now owns 15,936,926 shares of the company’s stock valued at $387,108,000 after purchasing an additional 5,259,241 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 144.3% in the fourth quarter. Ameriprise Financial Inc. now owns 12,675,135 shares of the company’s stock valued at $307,860,000 after purchasing an additional 7,487,107 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 107.4% during the fourth quarter. Bank of America Corp DE now owns 8,473,433 shares of the company’s stock valued at $205,820,000 after buying an additional 4,387,424 shares during the last quarter. Finally, Stifel Financial Corp grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 99.5% during the fourth quarter. Stifel Financial Corp now owns 7,779,263 shares of the company’s stock valued at $188,959,000 after buying an additional 3,880,588 shares during the last quarter.

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.