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

Shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw unusually-high trading volume on Friday . Approximately 3,311,951 shares were traded during mid-day trading, an increase of 74% from the previous session’s volume of 1,898,018 shares.The stock last traded at $25.1250 and had previously closed at $25.14.

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

The business has a 50 day moving average of $25.19 and a two-hundred day moving average of $25.01.

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

A number of large investors have recently modified their holdings of the company. Asset Dedication LLC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $26,000. Wealth Watch Advisors INC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at about $28,000. GeoWealth Management LLC raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% in 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 last quarter. Triumph Capital Management acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth about $34,000. Finally, Hoey Investments Inc. bought a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter valued at about $37,000.

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.