Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sets New 52-Week High at $50.91

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)’s share price hit a new 52-week high on Monday . The stock traded as high as $50.91 and last traded at $50.90, with a volume of 241313 shares trading hands. The stock had previously closed at $50.84.

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

The company has a 50 day moving average of $49.92 and a 200 day moving average of $49.05.

Institutional Investors Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in SCHR. Avantax Advisory Services Inc. bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 4th quarter worth about $371,000. Janney Montgomery Scott LLC lifted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 5.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 123,470 shares of the company’s stock valued at $6,139,000 after buying an additional 6,462 shares during the period. Wells Fargo & Company MN grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 140.7% during the 4th quarter. Wells Fargo & Company MN now owns 267,686 shares of the company’s stock worth $13,309,000 after acquiring an additional 156,453 shares during the period. Corient Private Wealth LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 4th quarter valued at $670,000. Finally, Milestone Investment Advisors LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.3% in the 4th quarter. Milestone Investment Advisors LLC now owns 14,983 shares of the company’s stock valued at $745,000 after purchasing an additional 472 shares during the period.

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.