Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Shares Gap Up – Should You Buy?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $24.60, but opened at $25.24. Schwab Intermediate-Term U.S. Treasury ETF shares last traded at $25.24, with a volume of 269 shares traded.

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

The firm’s 50-day moving average price is $24.79 and its two-hundred day moving average price is $24.73.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Wealthgarden F.S. LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the second quarter worth approximately $206,000. Park Avenue Securities LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 30.2% during the second quarter. Park Avenue Securities LLC now owns 18,584 shares of the company’s stock worth $906,000 after purchasing an additional 4,306 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 34.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 47,730 shares of the company’s stock worth $2,328,000 after purchasing an additional 12,128 shares during the period. Foster Group Inc. boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.8% during the second quarter. Foster Group Inc. now owns 17,525 shares of the company’s stock worth $855,000 after purchasing an additional 805 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 3.4% in the second quarter. Commonwealth Equity Services LLC now owns 67,754 shares of the company’s stock valued at $3,304,000 after acquiring an additional 2,226 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.