Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sets New 1-Year Low – Time to Sell?

by · The Cerbat Gem

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Get Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as $24.34 and last traded at $24.34, with a volume of 144151 shares changing hands. The stock had previously closed at $24.41.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.2%

The business’s fifty day simple moving average is $24.56 and its 200-day simple moving average is $24.82.

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

Several hedge funds have recently made changes to their positions in SCHR. Hamilton Point Investment Advisors LLC bought a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter worth about $27,000. Wealth Watch Advisors INC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth approximately $28,000. NBT Bank N A NY increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% during the 1st quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock worth $34,000 after acquiring an additional 1,329 shares during the period. GeoWealth Management LLC increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 335.9% during the 3rd quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock worth $34,000 after acquiring an additional 1,038 shares during the period. Finally, Triumph Capital Management purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth approximately $34,000.

About Schwab Intermediate-Term U.S. Treasury ETF

(Get Free Report)

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.

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