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

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw unusually-strong trading volume on Tuesday . Approximately 4,043,054 shares were traded during mid-day trading, an increase of 104% from the previous session’s volume of 1,980,065 shares.The stock last traded at $24.61 and had previously closed at $24.64.

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

The firm has a 50 day simple moving average of $24.75 and a 200-day simple moving average of $24.74.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Franklin Resources Inc. increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 1.3% during the 3rd quarter. Franklin Resources Inc. now owns 217,590 shares of the company’s stock worth $11,010,000 after buying an additional 2,712 shares during the period. MML Investors Services LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 15.7% in the third quarter. MML Investors Services LLC now owns 90,064 shares of the company’s stock valued at $4,557,000 after purchasing an additional 12,191 shares during the period. Orion Portfolio Solutions LLC grew its stake in Schwab Intermediate-Term U.S. Treasury ETF by 47.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,590 shares of the company’s stock worth $384,000 after purchasing an additional 2,425 shares in the last quarter. National Bank of Canada FI increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 14.4% during the 3rd quarter. National Bank of Canada FI now owns 34,303 shares of the company’s stock worth $1,736,000 after purchasing an additional 4,309 shares during the period. Finally, Hendershot Investments Inc. raised its position in Schwab Intermediate-Term U.S. Treasury ETF by 3.3% in the 3rd quarter. Hendershot Investments Inc. now owns 51,601 shares of the company’s stock valued at $2,611,000 after purchasing an additional 1,658 shares in the last quarter.

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.