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

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) shares saw an uptick in trading volume on Thursday . 6,092,722 shares were traded 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 Trading Up 0.3 %

The company has a fifty day moving average price of $24.58 and a two-hundred day moving average price of $24.76.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Asset Management Group Inc. boosted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.9% during the second quarter. Asset Management Group Inc. now owns 24,074 shares of the company’s stock worth $1,174,000 after buying an additional 208 shares during the period. HBW Advisory Services LLC grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.0% during the 3rd quarter. HBW Advisory Services LLC now owns 7,405 shares of the company’s stock worth $375,000 after acquiring an additional 214 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.2% in the second quarter. International Assets Investment Management LLC now owns 5,062 shares of the company’s stock valued at $247,000 after purchasing an additional 251 shares during the last quarter. Breakwater Investment Management lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 14.3% in the second quarter. Breakwater Investment Management now owns 2,177 shares of the company’s stock worth $106,000 after purchasing an additional 272 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 2.3% during the third quarter. Dynamic Advisor Solutions LLC now owns 14,161 shares of the company’s stock worth $717,000 after purchasing an additional 322 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.