Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sets New 1-Year High at $50.91

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $50.91 and last traded at $50.90, with a volume of 241313 shares. The stock had previously closed at $50.84.

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

The firm has a 50-day simple moving average of $50.03 and a 200 day simple moving average of $49.08.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.0% in the 2nd quarter. Cetera Investment Advisers now owns 263,020 shares of the company’s stock valued at $12,828,000 after purchasing an additional 2,483 shares in the last quarter. Advisory Alpha LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 35.2% in the second quarter. Advisory Alpha LLC now owns 228,940 shares of the company’s stock valued at $11,165,000 after acquiring an additional 59,547 shares in the last quarter. EP Wealth Advisors LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 125.1% during the 2nd quarter. EP Wealth Advisors LLC now owns 9,616 shares of the company’s stock valued at $469,000 after acquiring an additional 5,344 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 42.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 21,091 shares of the company’s stock worth $1,049,000 after acquiring an additional 6,251 shares in the last quarter. Finally, Asset Management Group Inc. increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.9% in the 2nd quarter. Asset Management Group Inc. now owns 24,074 shares of the company’s stock worth $1,174,000 after purchasing an additional 208 shares during 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.