Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Trading 0.2% Higher – Still a Buy?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)’s share price rose 0.2% on Thursday . The company traded as high as $24.77 and last traded at $24.74. Approximately 1,269,391 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 1,988,833 shares. The stock had previously closed at $24.70.

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

The business’s 50-day simple moving average is $25.13 and its two-hundred day simple moving average is $24.65.

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

Large investors have recently bought and sold shares of the company. Richard W. Paul & Associates LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth $44,000. Aptus Capital Advisors LLC grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 434.8% in the 2nd quarter. Aptus Capital Advisors LLC now owns 1,305 shares of the company’s stock valued at $64,000 after buying an additional 1,061 shares during the last quarter. Pineridge Advisors LLC acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the first quarter valued at about $66,000. BOK Financial Private Wealth Inc. bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the first quarter worth about $71,000. Finally, 1620 Investment Advisors Inc. acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF in the second quarter worth approximately $91,000.

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.